Smithbridge Asset Management Inc. DE Cuts Holdings in Vanguard Total Stock Market ETF $VTI

Smithbridge Asset Management Inc. DE trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 33.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,668 shares of the company’s stock after selling 1,826 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard Total Stock Market ETF were worth $1,177,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VTI. BetterWealth LLC bought a new position in Vanguard Total Stock Market ETF during the first quarter valued at approximately $578,000. Vision Capital Management Inc. increased its stake in Vanguard Total Stock Market ETF by 1.5% in the 1st quarter. Vision Capital Management Inc. now owns 2,785 shares of the company’s stock worth $893,000 after acquiring an additional 40 shares during the last quarter. Innova Wealth Partners increased its stake in Vanguard Total Stock Market ETF by 4.5% in the 1st quarter. Innova Wealth Partners now owns 8,705 shares of the company’s stock worth $2,792,000 after acquiring an additional 374 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 24.3% during the 1st quarter. Root Financial Partners LLC now owns 119,196 shares of the company’s stock worth $38,239,000 after acquiring an additional 23,331 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. raised its holdings in shares of Vanguard Total Stock Market ETF by 1.5% during the 1st quarter. Stock Yards Bank & Trust Co. now owns 29,441 shares of the company’s stock worth $9,445,000 after acquiring an additional 426 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $369.27 on Thursday. The company has a market capitalization of $655.05 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a one year low of $303.51 and a one year high of $374.70. The stock has a 50 day moving average price of $363.81 and a 200-day moving average price of $345.65.

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.