PNC Financial Services Group Inc. Lowers Holdings in Vanguard Total Stock Market ETF $VTI

PNC Financial Services Group Inc. lowered its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,356,186 shares of the company’s stock after selling 102,822 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Total Stock Market ETF were worth $789,959,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Rakuten Investment Management Inc. acquired a new stake in Vanguard Total Stock Market ETF during the third quarter worth about $15,530,622,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard Total Stock Market ETF by 208.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after purchasing an additional 3,842,502 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 122.5% during the 2nd quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock worth $766,014,000 after purchasing an additional 1,387,750 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its holdings in shares of Vanguard Total Stock Market ETF by 155.1% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 1,694,819 shares of the company’s stock worth $556,189,000 after purchasing an additional 1,030,501 shares during the period. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $360.06 on Wednesday. Vanguard Total Stock Market ETF has a 1 year low of $283.00 and a 1 year high of $368.25. The firm has a 50 day moving average price of $340.35 and a 200 day moving average price of $338.03. The company has a market cap of $629.10 billion, a PE ratio of 24.26 and a beta of 1.01.

About Vanguard Total Stock Market ETF

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.