McAdam LLC Sells 703 Shares of Vanguard Total Stock Market ETF $VTI

McAdam LLC lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 7.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,861 shares of the company’s stock after selling 703 shares during the quarter. McAdam LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,693,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Toth Financial Advisory Corp acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at $27,000. Wealth Preservation Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 1st quarter worth about $26,000. Citizens National Bank Trust Department acquired a new position in shares of Vanguard Total Stock Market ETF during the first quarter valued at about $34,000. HFM Investment Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at about $37,000. Finally, Knuff & Co LLC acquired a new stake in Vanguard Total Stock Market ETF during the first quarter worth about $37,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 0.4%

Shares of VTI opened at $326.89 on Thursday. The stock’s 50-day moving average price is $317.09 and its 200 day moving average price is $294.93. The firm has a market capitalization of $535.84 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $330.36.

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.