Vanguard Total Stock Market ETF $VTI Shares Sold by Kovack Advisors Inc.

Kovack Advisors Inc. decreased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 24,723 shares of the company’s stock after selling 3,433 shares during the period. Vanguard Total Stock Market ETF accounts for about 0.8% of Kovack Advisors Inc.’s holdings, making the stock its 23rd largest position. Kovack Advisors Inc.’s holdings in Vanguard Total Stock Market ETF were worth $8,113,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after purchasing an additional 149,842,394 shares during the period. Vanguard Group Inc. boosted its position in Vanguard Total Stock Market ETF by 2.7% in the 3rd quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock valued at $19,798,531,000 after buying an additional 1,561,779 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF in the third quarter worth $15,530,622,000. Betterment LLC increased its position in shares of Vanguard Total Stock Market ETF by 0.8% during the second quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock worth $7,994,480,000 after acquiring an additional 209,074 shares during the period. Finally, Wealthfront Advisers LLC raised its stake in shares of Vanguard Total Stock Market ETF by 3.9% in the third quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock valued at $5,861,776,000 after acquiring an additional 666,450 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $338.19 on Friday. The business has a fifty day moving average price of $339.02 and a 200 day moving average price of $330.79. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $344.42. The stock has a market capitalization of $575.90 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.