Newton One Investments LLC Sells 1,395 Shares of Vanguard Total Stock Market ETF $VTI

Newton One Investments LLC cut its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.0% during the 3rd quarter, Holdings Channel reports. The firm owned 26,664 shares of the ETF’s stock after selling 1,395 shares during the period. Vanguard Total Stock Market ETF comprises approximately 2.5% of Newton One Investments LLC’s investment portfolio, making the stock its 13th biggest holding. Newton One Investments LLC’s holdings in Vanguard Total Stock Market ETF were worth $9,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC raised its position in shares of Vanguard Total Stock Market ETF by 5.2% in the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock valued at $196,322,000 after buying an additional 30,152 shares during the last quarter. Weaver Consulting Group boosted its position in Vanguard Total Stock Market ETF by 14.1% during the third quarter. Weaver Consulting Group now owns 41,562 shares of the ETF’s stock worth $15,554,000 after acquiring an additional 5,138 shares during the last quarter. Park National Corp OH boosted its position in Vanguard Total Stock Market ETF by 3.0% during the third quarter. Park National Corp OH now owns 51,565 shares of the ETF’s stock worth $19,298,000 after acquiring an additional 1,478 shares during the last quarter. Horizons Wealth Management acquired a new stake in Vanguard Total Stock Market ETF during the third quarter worth approximately $607,000. Finally, Compass Financial Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $2,176,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

VTI stock opened at $376.88 on Thursday. The company has a 50 day moving average price of $378.56 and a two-hundred day moving average price of $366.19. The stock has a market capitalization of $694.13 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 $310.40 and a one year high of $385.12.

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.