Beacon Investment Advisory Services Inc. Sells 28,836 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Beacon Investment Advisory Services Inc. lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 6.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 453,086 shares of the company’s stock after selling 28,836 shares during the quarter. Vanguard Total Stock Market ETF accounts for 5.7% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its biggest position. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Total Stock Market ETF were worth $131,309,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTI. Dunhill Financial LLC raised its stake in shares of Vanguard Total Stock Market ETF by 0.3% during the 3rd quarter. Dunhill Financial LLC now owns 11,750 shares of the company’s stock worth $3,327,000 after purchasing an additional 38 shares in the last quarter. Centaurus Financial Inc. raised its position in Vanguard Total Stock Market ETF by 21.7% during the second quarter. Centaurus Financial Inc. now owns 4,933 shares of the company’s stock worth $1,320,000 after acquiring an additional 881 shares in the last quarter. Ridgeline Wealth LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth $753,000. Ironwood Investment Management LLC grew its position in shares of Vanguard Total Stock Market ETF by 2.2% in the 2nd quarter. Ironwood Investment Management LLC now owns 42,422 shares of the company’s stock valued at $11,348,000 after acquiring an additional 914 shares during the period. Finally, OneDigital Investment Advisors LLC increased its stake in shares of Vanguard Total Stock Market ETF by 1.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 191,830 shares of the company’s stock worth $54,319,000 after purchasing an additional 2,432 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $300.60 on Thursday. Vanguard Total Stock Market ETF has a 52-week low of $239.86 and a 52-week high of $302.95. The stock has a market cap of $450.90 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02. The firm’s 50-day moving average is $295.50 and its 200-day moving average is $283.96.

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.