Vanguard Total Stock Market ETF $VTI Shares Sold by Smith & Howard Wealth Management LLC

Smith & Howard Wealth Management LLC lowered its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.0% during the fourth quarter, Holdings Channel reports. The fund owned 159,468 shares of the company’s stock after selling 8,430 shares during the period. Vanguard Total Stock Market ETF comprises 12.0% of Smith & Howard Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Smith & Howard Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $53,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at about $31,000. Torren Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $36,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Evolution Wealth Management Inc. grew its position in shares of Vanguard Total Stock Market ETF by 48.4% during the third quarter. Evolution Wealth Management Inc. now owns 141 shares of the company’s stock worth $46,000 after buying an additional 46 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth approximately $50,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Up 0.9%

Shares of NYSEARCA:VTI opened at $356.99 on Wednesday. Vanguard Total Stock Market ETF has a 52 week low of $273.58 and a 52 week high of $357.58. The company’s 50 day moving average is $335.32 and its two-hundred day moving average is $335.87. The company has a market cap of $623.74 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.