Prime Capital Investment Advisors LLC Decreases Stock Position in Vanguard Total Stock Market ETF $VTI

Prime Capital Investment Advisors LLC lowered its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,180,530 shares of the company’s stock after selling 12,405 shares during the period. Vanguard Total Stock Market ETF accounts for 4.9% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its largest position. Prime Capital Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $387,415,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $29,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $45,000. Flagship Wealth Advisors LLC boosted its stake in Vanguard Total Stock Market ETF by 24.1% in the third quarter. Flagship Wealth Advisors LLC now owns 232 shares of the company’s stock worth $76,000 after buying an additional 45 shares in the last quarter. Finally, Bank of Jackson Hole Trust grew its position in Vanguard Total Stock Market ETF by 15.9% during the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock valued at $73,000 after acquiring an additional 33 shares during the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $333.90 on Friday. The company has a market capitalization of $568.59 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $344.42. The company’s 50 day moving average price is $338.59 and its two-hundred day moving average price is $328.87.

Vanguard Total Stock Market ETF Company Profile

Vanguard Total Stock Market ETF (the Fund) is an exchange-traded share class of Vanguard Total Stock Market Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all of the United States common stocks traded on the New York and American Stock Exchanges and the Nasdaq over-the-counter market. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.