Pullen Investment Management LLC Sells 1,505 Shares of Vanguard Total Stock Market ETF $VTI

Pullen Investment Management LLC lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,883 shares of the ETF’s stock after selling 1,505 shares during the quarter. Vanguard Total Stock Market ETF makes up about 4.8% of Pullen Investment Management LLC’s investment portfolio, making the stock its 2nd largest holding. Pullen Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $10,435,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in 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 valued at $4,583,544,000 after purchasing an additional 102,161 shares during the period. HB Wealth Management LLC raised its position in shares of Vanguard Total Stock Market ETF by 0.4% during the 2nd quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock worth $3,089,725,000 after buying an additional 32,666 shares in the last quarter. Envestnet Asset Management Inc. lifted its position 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 worth $2,270,566,000 after purchasing an additional 104,980 shares during the period. Narodna banka Slovenska acquired a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at $1,762,447,000. Finally, Forvis Mazars Wealth Advisors LLC boosted its position in shares of Vanguard Total Stock Market ETF by 1.7% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 5,150,299 shares of the ETF’s stock valued at $1,927,448,000 after purchasing an additional 86,962 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $375.59 on Tuesday. The firm has a market cap of $691.76 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The firm’s 50 day moving average price is $377.82 and its two-hundred day moving average price is $358.34. 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 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.