PNC Financial Services Group Inc. Reduces Stock Holdings in Vanguard Total Stock Market ETF $VTI

PNC Financial Services Group Inc. cut its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,459,008 shares of the company’s stock after selling 90,471 shares during the period. PNC Financial Services Group Inc. owned about 0.15% of Vanguard Total Stock Market ETF worth $806,973,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC raised its position in shares of Vanguard Total Stock Market ETF by 30,685.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after purchasing an additional 149,842,394 shares during the last quarter. Vanguard Group Inc. increased its position in Vanguard Total Stock Market ETF by 5.1% during the second quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock worth $17,861,458,000 after buying an additional 2,851,931 shares in the last quarter. 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 lifted its position in shares of Vanguard Total Stock Market ETF by 0.8% in the second quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after acquiring an additional 209,074 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 3.9% during 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 during the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.2%

Vanguard Total Stock Market ETF stock opened at $336.65 on Friday. The stock has a 50-day moving average price of $339.03 and a 200 day moving average price of $330.16. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $344.42. The stock has a market cap of $573.28 billion, a PE 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.