Vanguard Total Stock Market ETF (NYSEARCA:VTI) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 16.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,158,878 shares of the company’s stock after selling 431,476 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Total Stock Market ETF were worth $593,346,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of VTI. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $29,000. Citizens National Bank Trust Department acquired a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at about $34,000. Pinney & Scofield Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $41,000. Inlight Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at about $45,000. Finally, 3Chopt Investment Partners LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the first quarter valued at about $49,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Up 0.8%

Shares of NYSEARCA VTI opened at $308.03 on Friday. The firm has a 50-day simple moving average of $290.74 and a 200-day simple moving average of $286.58. The stock has a market capitalization of $506.28 billion, a price-to-earnings 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 $308.40.

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.