Vanguard Total Stock Market ETF $VTI Stock: Founders Financial Securities LLC Reduces Stake

Founders Financial Securities LLC trimmed its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 96.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,678 shares of the ETF’s stock after selling 726,326 shares during the quarter. Founders Financial Securities LLC’s holdings in Vanguard Total Stock Market ETF were worth $9,610,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VTI. Bank of America Corp DE lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.7% in the first 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 in the last quarter. HB Wealth Management LLC boosted its position in 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 acquiring an additional 32,666 shares during the period. Envestnet Asset Management Inc. boosted its position in Vanguard Total Stock Market ETF by 1.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,136,001 shares of the ETF’s stock worth $2,270,566,000 after acquiring an additional 104,980 shares during the period. Forvis Mazars Wealth Advisors LLC grew its stake in 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 acquiring an additional 86,962 shares in the last quarter. Finally, Narodna banka Slovenska purchased a new position in Vanguard Total Stock Market ETF during the 1st quarter valued at about $1,762,447,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $378.24 on Friday. The company has a 50 day simple moving average of $377.54 and a 200-day simple moving average of $359.08. The firm has a market capitalization of $696.64 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week 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.