Valeo Financial Advisors LLC Trims Stake in Vanguard Total Stock Market ETF $VTI

Valeo Financial Advisors LLC reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,110 shares of the ETF’s stock after selling 3,148 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $13,514,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of Vanguard Total Stock Market ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock worth $4,583,544,000 after buying an additional 102,161 shares during the period. WealthNavi Inc. boosted its stake in Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock worth $4,149,701,000 after acquiring an additional 540,294 shares during the last quarter. Auto Owners Insurance Co grew its holdings in Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock valued at $4,114,059,000 after purchasing an additional 12,249,882 shares during the period. HB Wealth Management LLC grew its holdings in Vanguard Total Stock Market ETF by 0.4% during the second quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock valued at $3,089,725,000 after purchasing an additional 32,666 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Vanguard Total Stock Market ETF by 1.7% in the second quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock valued at $2,270,566,000 after purchasing an additional 104,980 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI traded down $2.03 during mid-day trading on Thursday, hitting $379.00. The stock had a trading volume of 1,768,127 shares, compared to its average volume of 4,361,411. The stock’s fifty day simple moving average is $377.91 and its 200-day simple moving average is $364.16. The firm has a market capitalization of $691.83 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $310.40 and a 1-year high of $385.12.

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.