Vanguard Total Stock Market ETF $VTI Stock: Verus Financial Partners Inc. Cuts Stake

Verus Financial Partners Inc. lowered its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 18.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 788,545 shares of the ETF’s stock after selling 178,184 shares during the period. Vanguard Total Stock Market ETF makes up approximately 25.1% of Verus Financial Partners Inc.’s holdings, making the stock its biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Total Stock Market ETF were worth $295,105,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. City State Bank lifted its position in Vanguard Total Stock Market ETF by 195.7% during the 3rd quarter. City State Bank now owns 68 shares of the ETF’s stock worth $25,000 after acquiring an additional 45 shares during the last quarter. Matrix Private Capital Group LLC bought a new position in shares of Vanguard Total Stock Market ETF in the first quarter worth about $46,000. Raleigh Capital Management Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 45.0% during the 1st 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. Essential Investment Partners LLC lifted its position in shares of Vanguard Total Stock Market ETF by 3,900.0% during the 3rd quarter. Essential Investment Partners LLC now owns 160 shares of the ETF’s stock worth $60,000 after purchasing an additional 156 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth about $63,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Down 1.8%

Shares of NYSEARCA:VTI opened at $371.57 on Friday. The business has a 50 day moving average price of $377.44 and a 200 day moving average price of $359.22. Vanguard Total Stock Market ETF has a twelve month low of $310.40 and a twelve month high of $385.12. The company has a market cap of $684.35 billion, a price-to-earnings 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.