Northwestern Mutual Wealth Management Co. Sells 96,626 Shares of Vanguard Total Stock Market ETF $VTI

Northwestern Mutual Wealth Management Co. reduced its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 761,488 shares of the company’s stock after selling 96,626 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Total Stock Market ETF were worth $255,304,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Moors & Cabot Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 6.0% in the 4th quarter. Moors & Cabot Inc. now owns 14,884 shares of the company’s stock worth $4,990,000 after buying an additional 847 shares during the last quarter. Houlihan Financial Resource Group Ltd. bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter worth $622,000. CFS Investment Advisory Services LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 121.7% in the 4th quarter. CFS Investment Advisory Services LLC now owns 11,800 shares of the company’s stock worth $3,956,000 after buying an additional 6,477 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 10.0% in the 4th quarter. Foundations Investment Advisors LLC now owns 104,884 shares of the company’s stock worth $35,164,000 after buying an additional 9,576 shares during the last quarter. Finally, Baker Avenue Asset Management LP increased its holdings in shares of Vanguard Total Stock Market ETF by 5.3% in the 4th quarter. Baker Avenue Asset Management LP now owns 247,353 shares of the company’s stock worth $82,930,000 after buying an additional 12,550 shares during the last quarter. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $371.66 on Friday. The company’s fifty day moving average price is $345.52 and its 200-day moving average price is $339.75. The firm has a market capitalization of $649.37 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $286.86 and a one year high of $371.92.

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.