Sheets Smith Wealth Management Lowers Position in Vanguard Total Stock Market ETF $VTI

Sheets Smith Wealth Management decreased its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTIFree Report) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,159 shares of the company’s stock after selling 118 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Total Stock Market ETF were worth $960,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Toth Financial Advisory Corp purchased a new stake in Vanguard Total Stock Market ETF during the second quarter valued at $27,000. Wealth Preservation Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the first quarter valued at $26,000. Citizens National Bank Trust Department purchased a new stake in Vanguard Total Stock Market ETF during the first quarter valued at $34,000. HFM Investment Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the first quarter valued at $37,000. Finally, Knuff & Co LLC purchased a new stake in Vanguard Total Stock Market ETF during the first quarter valued at $37,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.4%

VTI stock opened at $326.89 on Thursday. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $330.36. The stock has a market capitalization of $535.84 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The firm’s fifty day simple moving average is $317.09 and its two-hundred day simple moving average is $294.93.

About Vanguard Total Stock Market ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vanguard Total Stock Market ETF (NYSEARCA:VTI)

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