Avestar Capital LLC Cuts Holdings in Vanguard Total Stock Market ETF $VTI

Avestar Capital LLC lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 31.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,737 shares of the company’s stock after selling 3,955 shares during the quarter. Avestar Capital LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,873,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in VTI. Evolution Wealth Management Inc. acquired a new position in Vanguard Total Stock Market ETF in the second quarter valued at $29,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Anfield Capital Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $45,000. Clear Investment Research LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth about $51,000. Finally, Glassy Mountain Advisors Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the third quarter worth approximately $57,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 0.5%

NYSEARCA:VTI opened at $338.83 on Thursday. The company has a market cap of $576.99 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm’s 50 day moving average is $339.05 and its two-hundred day moving average is $330.74. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42.

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.