Naviter Wealth LLC Trims Stock Holdings in Vanguard Total Stock Market ETF $VTI

Naviter Wealth LLC decreased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 57.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 864 shares of the company’s stock after selling 1,153 shares during the period. Naviter Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $263,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp purchased a new stake in shares of Vanguard Total Stock Market ETF during the second quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. grew its position in shares of Vanguard Total Stock Market ETF by 165.7% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $26,000. Citizens National Bank Trust Department purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $34,000. Finally, HFM Investment Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the first quarter worth about $37,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.0%

NYSEARCA:VTI opened at $326.83 on Wednesday. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $332.20. The stock has a 50-day moving average price of $321.99 and a 200 day moving average price of $299.95. The stock has a market capitalization of $545.05 billion, a P/E 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.