Bay Capital Advisors LLC Sells 1,450 Shares of Vanguard Total Stock Market ETF $VTI

Bay Capital Advisors LLC trimmed its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 50.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,449 shares of the company’s stock after selling 1,450 shares during the period. Bay Capital Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $465,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after buying an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC grew its position in Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares in the last quarter. Bank of America Corp DE grew its position in Vanguard Total Stock Market ETF by 2.5% in the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock worth $4,755,888,000 after acquiring an additional 343,136 shares in the last quarter. LPL Financial LLC increased its stake in Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after acquiring an additional 277,939 shares during the last quarter. Finally, WealthNavi Inc. increased its stake in Vanguard Total Stock Market ETF by 4.4% in the first quarter. WealthNavi Inc. now owns 12,935,073 shares of the company’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $362.22 on Monday. The stock’s 50-day simple moving average is $362.61 and its two-hundred day simple moving average is $345.01. Vanguard Total Stock Market ETF has a twelve month low of $301.39 and a twelve month high of $374.70. The company has a market capitalization of $632.87 billion, a price-to-earnings 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.