Comerica Bank Decreases Stock Holdings in Vanguard Total Stock Market ETF $VTI

Comerica Bank reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.6% during the third quarter, Holdings Channel reports. The institutional investor owned 289,232 shares of the company’s stock after selling 13,790 shares during the quarter. Comerica Bank’s holdings in Vanguard Total Stock Market ETF were worth $94,917,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $29,000. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the third quarter valued at approximately $31,000. Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF in the second quarter valued at approximately $33,000. Anfield Capital Management LLC purchased a new position in Vanguard Total Stock Market ETF in the second quarter worth $45,000. Finally, Clear Investment Research LLC purchased a new position in Vanguard Total Stock Market ETF in the third quarter worth $51,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.5%

Shares of VTI stock opened at $326.13 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $344.42. The business’s fifty day simple moving average is $338.78 and its 200-day simple moving average is $333.19. The company has a market cap of $555.36 billion, a PE ratio of 24.26 and a beta of 1.02.

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. 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.