Merit Financial Group LLC Sells 82,442 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Merit Financial Group LLC lowered its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 23.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 268,898 shares of the company’s stock after selling 82,442 shares during the period. Vanguard Total Stock Market ETF accounts for approximately 1.4% of Merit Financial Group LLC’s investment portfolio, making the stock its 15th biggest holding. Merit Financial Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $77,929,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VTI. Ironwood Wealth Management LLC. grew its position in Vanguard Total Stock Market ETF by 7.0% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 26,947 shares of the company’s stock worth $7,208,000 after acquiring an additional 1,771 shares during the last quarter. LHM Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 34.2% during the second quarter. LHM Inc. now owns 492,079 shares of the company’s stock worth $132,107,000 after purchasing an additional 125,360 shares during the last quarter. Ieq Capital LLC increased its stake in shares of Vanguard Total Stock Market ETF by 4.4% in the second quarter. Ieq Capital LLC now owns 264,637 shares of the company’s stock valued at $70,793,000 after buying an additional 11,061 shares during the period. GM Advisory Group LLC raised its holdings in Vanguard Total Stock Market ETF by 10.2% in the 2nd quarter. GM Advisory Group LLC now owns 267,930 shares of the company’s stock valued at $71,674,000 after buying an additional 24,695 shares during the last quarter. Finally, Retirement Investment Advisors Inc. acquired a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $516,000.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $296.20 on Friday. The company’s 50 day moving average price is $295.39 and its two-hundred day moving average price is $283.09. The firm has a market capitalization of $444.30 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $234.62 and a fifty-two week high of $302.95.

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.