Exchange Capital Management Inc. Decreases Position in Vanguard Total Stock Market ETF $VTI

Exchange Capital Management Inc. lowered its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,120 shares of the company’s stock after selling 1,062 shares during the quarter. Exchange Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,468,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Unique Wealth LLC grew its holdings in Vanguard Total Stock Market ETF by 141.0% during the 1st quarter. Unique Wealth LLC now owns 5,512 shares of the company’s stock worth $1,515,000 after acquiring an additional 3,225 shares in the last quarter. Mackenzie Financial Corp lifted its position in shares of Vanguard Total Stock Market ETF by 18.6% during the 1st quarter. Mackenzie Financial Corp now owns 28,537 shares of the company’s stock worth $7,843,000 after purchasing an additional 4,470 shares during the last quarter. Chris Bulman Inc acquired a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth $279,000. WealthNavi Inc. increased its holdings in Vanguard Total Stock Market ETF by 7.8% in the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock valued at $3,754,404,000 after buying an additional 895,647 shares during the last quarter. Finally, S.A. Mason LLC raised its stake in Vanguard Total Stock Market ETF by 0.3% in the first quarter. S.A. Mason LLC now owns 26,107 shares of the company’s stock valued at $7,175,000 after buying an additional 79 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $329.79 on Friday. The business has a 50-day moving average of $319.18 and a two-hundred day moving average of $297.10. The company has a market capitalization of $546.99 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1 year low of $236.42 and a 1 year high of $330.36.

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.