Vanguard Total Stock Market ETF $VTI Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC cut its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,767,509 shares of the company’s stock after selling 690,926 shares during the period. Vanguard Total Stock Market ETF comprises about 18.8% of HB Wealth Management LLC’s investment portfolio, making the stock its biggest holding. HB Wealth Management LLC owned approximately 0.47% of Vanguard Total Stock Market ETF worth $2,360,777,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VTI. Wealth Preservation Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the first quarter valued at about $26,000. Toth Financial Advisory Corp bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 168.6% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 94 shares of the company’s stock worth $29,000 after purchasing an additional 59 shares during the last quarter. Citizens National Bank Trust Department bought a new position in shares of Vanguard Total Stock Market ETF during the first quarter worth about $34,000. Finally, Knuff & Co LLC bought a new position in shares of Vanguard Total Stock Market ETF during the first quarter worth about $37,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $327.10 on Tuesday. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $330.36. The company’s 50-day simple moving average is $318.12 and its 200-day simple moving average is $296.30. The stock has a market capitalization of $536.19 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

Vanguard Total Stock Market ETF Profile

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.