Richmond Investment Services LLC Has $1.97 Million Holdings in Vanguard Total Stock Market ETF $VTI

Richmond Investment Services LLC cut its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 56.3% in the second quarter, HoldingsChannel reports. The firm owned 5,333 shares of the ETF’s stock after selling 6,862 shares during the period. Richmond Investment Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,973,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 0.9% during the 4th quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock valued at $6,043,337,000 after acquiring an additional 163,272 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Total Stock Market ETF by 0.7% in the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after acquiring an additional 102,161 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Total Stock Market ETF by 2.0% in the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock valued at $4,720,528,000 after acquiring an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 4.4% in the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $384.30 on Friday. The firm has a market cap of $688.89 billion, a P/E ratio of 24.26 and a beta of 1.01. The business has a 50 day moving average price of $369.67 and a 200 day moving average price of $352.91. Vanguard Total Stock Market ETF has a twelve month low of $310.40 and a twelve month high of $385.12.

Vanguard Total Stock Market ETF 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.