CX Institutional Trims Position in Vanguard Total Stock Market ETF $VTI

CX Institutional reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 39.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 38,963 shares of the ETF’s stock after selling 25,864 shares during the period. CX Institutional’s holdings in Vanguard Total Stock Market ETF were worth $14,581,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTI. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Matrix Private Capital Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the first quarter valued at $46,000. Raleigh Capital Management Inc. increased its position in Vanguard Total Stock Market ETF by 45.0% in the first quarter. Raleigh Capital Management Inc. now owns 145 shares of the ETF’s stock worth $47,000 after purchasing an additional 45 shares during the last quarter. Merkkuri Wealth Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the first quarter worth $62,000. Finally, Allied Private Wealth LLC purchased a new stake in Vanguard Total Stock Market ETF during the second quarter valued at $63,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI stock traded up $2.81 during trading on Friday, hitting $377.99. 2,945,211 shares of the company’s stock traded hands, compared to its average volume of 4,398,292. Vanguard Total Stock Market ETF has a 52 week low of $310.40 and a 52 week high of $385.12. The stock has a market capitalization of $689.98 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The business has a fifty day simple moving average of $376.59 and a 200 day simple moving average of $362.67.

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.