Encompass More Asset Management Reduces Stock Position in Vanguard Total Stock Market ETF $VTI

Encompass More Asset Management lowered its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 46.6% during the 4th quarter, HoldingsChannel reports. The firm owned 7,263 shares of the company’s stock after selling 6,326 shares during the period. Encompass More Asset Management’s holdings in Vanguard Total Stock Market ETF were worth $2,435,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF in the third quarter worth approximately $31,000. Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the second quarter worth approximately $33,000. Torren Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the fourth quarter worth approximately $36,000. Burrus Financial Services Inc. boosted its holdings in Vanguard Total Stock Market ETF by 43.1% in the fourth quarter. Burrus Financial Services Inc. now owns 130,722 shares of the company’s stock worth $44,000 after purchasing an additional 39,387 shares during the last quarter. Finally, Evolution Wealth Management Inc. boosted its holdings in Vanguard Total Stock Market ETF by 48.4% in the third quarter. Evolution Wealth Management Inc. now owns 141 shares of the company’s stock worth $46,000 after purchasing an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 1.4%

Shares of VTI stock opened at $361.86 on Thursday. Vanguard Total Stock Market ETF has a 12-month low of $273.58 and a 12-month high of $362.27. The firm’s 50 day moving average is $335.83 and its 200 day moving average is $336.12. The stock has a market capitalization of $632.25 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.