PNC Financial Services Group Inc. Trims Stake in Vanguard Total Stock Market ETF $VTI

PNC Financial Services Group Inc. lessened its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.2% during the fourth quarter, according to the company in its most recent 13F filing with the 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. owned about 0.14% of Vanguard Total Stock Market ETF worth $789,959,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $150,448,000. Peapack Gladstone Financial Corp raised its position in shares of Vanguard Total Stock Market ETF by 0.6% in the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after buying an additional 56 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of Vanguard Total Stock Market ETF by 17.5% during the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock valued at $72,336,000 after buying an additional 35,409 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $243,000. Finally, Ausdal Financial Partners Inc. boosted its position in Vanguard Total Stock Market ETF by 8.1% during the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after acquiring an additional 1,680 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $360.06 on Wednesday. The stock has a market capitalization of $629.10 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $283.00 and a one year high of $368.25. The company has a 50 day moving average price of $340.35 and a two-hundred day moving average price of $338.03.

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.