Stone Summit Wealth LLC Cuts Holdings in Vanguard Total Stock Market ETF $VTI

Stone Summit Wealth LLC decreased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 57.1% in the fourth quarter, Holdings Channel reports. The firm owned 9,644 shares of the company’s stock after selling 12,827 shares during the quarter. Stone Summit Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,233,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of VTI. CWM LLC raised its stake in Vanguard Total Stock Market ETF by 48.5% during the 3rd quarter. CWM LLC now owns 215,943 shares of the company’s stock valued at $70,866,000 after buying an additional 70,544 shares during the last quarter. Ervin Investment Management LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 121.5% during the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the company’s stock valued at $1,230,000 after buying an additional 2,012 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Vanguard Total Stock Market ETF by 40.8% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 88,766 shares of the company’s stock worth $29,130,000 after buying an additional 25,715 shares during the last quarter. BIP Wealth LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 5.5% in the 3rd quarter. BIP Wealth LLC now owns 325,339 shares of the company’s stock worth $106,767,000 after buying an additional 16,994 shares during the last quarter. Finally, CNB Bank grew its holdings in shares of Vanguard Total Stock Market ETF by 40.6% in the third quarter. CNB Bank now owns 8,307 shares of the company’s stock worth $2,726,000 after acquiring an additional 2,399 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Vanguard Total Stock Market ETF stock opened at $350.21 on Tuesday. Vanguard Total Stock Market ETF has a one year low of $249.94 and a one year high of $351.74. The stock has a fifty day moving average of $332.95 and a 200 day moving average of $334.40. The stock has a market cap of $611.89 billion, a PE ratio of 24.26 and a beta of 1.01.

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.