Vanguard Total Stock Market ETF $VTI Stake Lowered by Richmond Investment Services LLC

Richmond Investment Services LLC cut its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 56.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,333 shares of the ETF’s stock after selling 6,862 shares during the quarter. Richmond Investment Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VTI. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter worth about $31,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth about $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth about $33,000. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $384.30 on Friday. The firm has a market cap of $688.89 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock has a 50-day simple moving average of $369.67 and a 200-day simple moving average of $352.91. 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.