Pegasus Asset Management Inc. Decreases Position in Vanguard Total Stock Market ETF $VTI

Pegasus Asset Management Inc. reduced its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,949 shares of the company’s stock after selling 78 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.3% of Pegasus Asset Management Inc.’s portfolio, making the stock its 29th largest holding. Pegasus Asset Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $3,936,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. First County Bank CT lifted its holdings in Vanguard Total Stock Market ETF by 1.5% in the 2nd quarter. First County Bank CT now owns 2,267 shares of the company’s stock valued at $689,000 after purchasing an additional 34 shares in the last quarter. Northstar Financial Companies Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 1.1% in the first quarter. Northstar Financial Companies Inc. now owns 3,270 shares of the company’s stock worth $899,000 after buying an additional 36 shares in the last quarter. GoalFusion Wealth Management LLC boosted its position in Vanguard Total Stock Market ETF by 2.8% during the first quarter. GoalFusion Wealth Management LLC now owns 1,338 shares of the company’s stock worth $368,000 after acquiring an additional 37 shares during the last quarter. Orca Investment Management LLC boosted its position in Vanguard Total Stock Market ETF by 0.5% during the first quarter. Orca Investment Management LLC now owns 7,939 shares of the company’s stock worth $2,182,000 after acquiring an additional 37 shares during the last quarter. Finally, Vista Investment Partners II LLC grew its stake in Vanguard Total Stock Market ETF by 1.2% during the 1st quarter. Vista Investment Partners II LLC now owns 3,357 shares of the company’s stock valued at $923,000 after acquiring an additional 39 shares in the last quarter. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 2.7%

VTI stock opened at $321.80 on Monday. The firm has a 50-day moving average of $321.30 and a two-hundred day moving average of $299.39. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $332.20. The company has a market cap of $536.66 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.