Vanguard Total Stock Market ETF $VTI Stake Cut by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,180,530 shares of the company’s stock after selling 12,405 shares during the quarter. Vanguard Total Stock Market ETF comprises 4.9% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its largest holding. Prime Capital Investment Advisors LLC owned approximately 0.07% of Vanguard Total Stock Market ETF worth $387,415,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Evolution Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at $29,000. Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $33,000. Anfield Capital Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the second quarter worth $45,000. Flagship Wealth Advisors LLC boosted its stake in Vanguard Total Stock Market ETF by 24.1% during the third quarter. Flagship Wealth Advisors LLC now owns 232 shares of the company’s stock valued at $76,000 after buying an additional 45 shares during the period. Finally, Bank of Jackson Hole Trust grew its position in Vanguard Total Stock Market ETF by 15.9% during the second quarter. Bank of Jackson Hole Trust now owns 240 shares of the company’s stock worth $73,000 after buying an additional 33 shares in the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Stock Down 1.3%

Shares of NYSEARCA VTI opened at $333.90 on Friday. The stock’s 50-day simple moving average is $338.59 and its two-hundred day simple moving average is $328.87. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42. The firm has a market capitalization of $568.59 billion, a P/E 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.