Vanguard Total Stock Market ETF $VTI Shares Sold by ProVise Management Group LLC

ProVise Management Group LLC lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 99.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 651 shares of the ETF’s stock after selling 474,854 shares during the period. ProVise Management Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in VTI. City State Bank boosted its position in Vanguard Total Stock Market ETF by 195.7% during the third quarter. City State Bank now owns 68 shares of the ETF’s stock worth $25,000 after purchasing an additional 45 shares during the period. Team Financial Group LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the third quarter valued at $25,000. Matrix Private Capital Group LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the first quarter valued at $46,000. Raleigh Capital Management Inc. raised its position in shares of Vanguard Total Stock Market ETF by 52.0% in the third quarter. Raleigh Capital Management Inc. now owns 152 shares of the ETF’s stock valued at $57,000 after purchasing an additional 52 shares during the period. Finally, Essential Investment Partners LLC raised its position in shares of Vanguard Total Stock Market ETF by 3,900.0% in the third quarter. Essential Investment Partners LLC now owns 160 shares of the ETF’s stock valued at $60,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.4%

Shares of NYSEARCA VTI traded down $1.51 during mid-day trading on Friday, reaching $371.11. 3,193,745 shares of the company were exchanged, compared to its average volume of 4,262,845. The company’s 50-day simple moving average is $375.76 and its 200-day simple moving average is $360.67. The stock has a market capitalization of $3.05 trillion, a P/E ratio of 23.11 and a beta of 1.02. 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 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.