Palisade Asset Management LLC Sells 3,289 Shares of Vanguard Total Stock Market ETF $VTI

Palisade Asset Management LLC lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 22.9% in the fourth quarter, HoldingsChannel reports. The fund owned 11,091 shares of the company’s stock after selling 3,289 shares during the period. Palisade Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,718,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of VTI. Abbot Financial Management Inc. increased its holdings in Vanguard Total Stock Market ETF by 2.1% during the 3rd quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after purchasing an additional 30 shares during the period. Finward Bancorp increased its holdings in Vanguard Total Stock Market ETF by 3.7% during the 4th quarter. Finward Bancorp now owns 841 shares of the company’s stock valued at $282,000 after purchasing an additional 30 shares during the period. Boyum Wealth Architects LLC increased its holdings in Vanguard Total Stock Market ETF by 0.3% during the 4th quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock valued at $3,969,000 after purchasing an additional 30 shares during the period. Financial Perspectives Inc increased its holdings in Vanguard Total Stock Market ETF by 1.3% during the 4th quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock valued at $800,000 after purchasing an additional 30 shares during the period. Finally, Van Hulzen Asset Management LLC increased its holdings in Vanguard Total Stock Market ETF by 1.1% during the 4th quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock valued at $922,000 after purchasing an additional 30 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $366.36 on Monday. Vanguard Total Stock Market ETF has a 1 year low of $291.97 and a 1 year high of $374.70. The company has a market cap of $640.11 billion, a PE ratio of 24.26 and a beta of 1.01. The stock’s 50-day moving average is $355.77 and its 200 day moving average is $342.78.

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.