MAI Capital Management Reduces Stake in Vanguard Total Stock Market ETF $VTI

MAI Capital Management lowered its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 359,443 shares of the company’s stock after selling 19,465 shares during the period. Vanguard Total Stock Market ETF makes up approximately 0.7% of MAI Capital Management’s investment portfolio, making the stock its 27th largest holding. MAI Capital Management’s holdings in Vanguard Total Stock Market ETF were worth $98,789,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of VTI. Heck Capital Advisors LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $150,448,000. First Trust Advisors LP acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $4,221,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Vanguard Total Stock Market ETF by 100.0% in the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 128,000 shares of the company’s stock valued at $37,096,000 after acquiring an additional 64,000 shares during the period. Accredited Wealth Management LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $1,887,000. Finally, Aspire Growth Partners LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $2,825,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $318.20 on Friday. The company has a market cap of $521.60 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The stock has a 50 day simple moving average of $310.38 and a 200-day simple moving average of $291.24. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $320.40.

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.