Linscomb Wealth Inc. Sells 5,636 Shares of Vanguard Total Stock Market ETF $VTI

Linscomb Wealth Inc. lessened its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 152,708 shares of the company’s stock after selling 5,636 shares during the quarter. Vanguard Total Stock Market ETF makes up 2.1% of Linscomb Wealth Inc.’s holdings, making the stock its 8th biggest position. Linscomb Wealth Inc.’s holdings in Vanguard Total Stock Market ETF were worth $46,413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV lifted its holdings in Vanguard Total Stock Market ETF by 3.6% during the second quarter. Creative Financial Designs Inc. ADV now owns 3,683 shares of the company’s stock valued at $1,119,000 after purchasing an additional 128 shares in the last quarter. Kovack Advisors Inc. lifted its holdings in Vanguard Total Stock Market ETF by 5.8% during the second quarter. Kovack Advisors Inc. now owns 28,156 shares of the company’s stock valued at $8,557,000 after purchasing an additional 1,553 shares in the last quarter. Earned Wealth Advisors LLC lifted its holdings in Vanguard Total Stock Market ETF by 1.8% during the second quarter. Earned Wealth Advisors LLC now owns 24,355 shares of the company’s stock valued at $7,402,000 after purchasing an additional 430 shares in the last quarter. ArborFi Advisors LLC lifted its holdings in Vanguard Total Stock Market ETF by 1.0% during the second quarter. ArborFi Advisors LLC now owns 4,656 shares of the company’s stock valued at $1,415,000 after purchasing an additional 47 shares in the last quarter. Finally, Pinnacle Associates Ltd. lifted its holdings in Vanguard Total Stock Market ETF by 52.5% during the second quarter. Pinnacle Associates Ltd. now owns 357,860 shares of the company’s stock valued at $108,764,000 after purchasing an additional 123,140 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 1.1%

VTI opened at $334.08 on Friday. The company has a market cap of $557.14 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $339.06. The firm’s fifty day simple moving average is $326.21 and its two-hundred day simple moving average is $305.87.

Vanguard Total Stock Market ETF Company 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.