JMG Financial Group Ltd. Reduces Position in Vanguard Total Stock Market ETF $VTI

JMG Financial Group Ltd. lessened its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.6% in the third quarter, Holdings Channel.com reports. The firm owned 154,606 shares of the company’s stock after selling 7,519 shares during the period. Vanguard Total Stock Market ETF comprises about 1.4% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 15th biggest position. JMG Financial Group Ltd.’s holdings in Vanguard Total Stock Market ETF were worth $50,737,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Heck Capital Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $150,448,000. Ignite Planners LLC bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $569,000. Retirement Systems of Alabama grew its position in shares of Vanguard Total Stock Market ETF by 3.1% in the second quarter. Retirement Systems of Alabama now owns 1,670 shares of the company’s stock valued at $508,000 after purchasing an additional 50 shares in the last quarter. GHP Investment Advisors Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 9.7% during the 2nd quarter. GHP Investment Advisors Inc. now owns 3,052 shares of the company’s stock valued at $928,000 after purchasing an additional 269 shares during the period. Finally, Next Capital Management LLC raised its stake in shares of Vanguard Total Stock Market ETF by 1.6% during the 2nd quarter. Next Capital Management LLC now owns 26,563 shares of the company’s stock valued at $8,073,000 after purchasing an additional 427 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 1.0%

Shares of NYSEARCA VTI opened at $335.73 on Wednesday. The company has a market cap of $571.71 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42. The business has a 50-day simple moving average of $339.62 and a two-hundred day simple moving average of $332.47.

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.