Balentine LLC Has $43.75 Million Stock Position in Vanguard Total Stock Market ETF $VTI

Balentine LLC trimmed its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 143,932 shares of the company’s stock after selling 5,288 shares during the quarter. Vanguard Total Stock Market ETF accounts for 1.7% of Balentine LLC’s portfolio, making the stock its 11th largest holding. Balentine LLC’s holdings in Vanguard Total Stock Market ETF were worth $43,745,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Mackenzie Financial Corp boosted its holdings in shares of Vanguard Total Stock Market ETF by 18.6% in the 1st quarter. Mackenzie Financial Corp now owns 28,537 shares of the company’s stock worth $7,843,000 after acquiring an additional 4,470 shares in the last quarter. Chris Bulman Inc acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter worth $279,000. WealthNavi Inc. lifted its holdings in Vanguard Total Stock Market ETF by 7.8% during the 2nd quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock worth $3,754,404,000 after buying an additional 895,647 shares in the last quarter. Cape Investment Advisory Inc. lifted its holdings in Vanguard Total Stock Market ETF by 27.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 2,960 shares of the company’s stock worth $814,000 after buying an additional 642 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC lifted its holdings in Vanguard Total Stock Market ETF by 72.3% during the 1st quarter. Mill Creek Capital Advisors LLC now owns 70,008 shares of the company’s stock worth $19,241,000 after buying an additional 29,366 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $335.42 on Friday. The stock’s fifty day moving average price is $326.55 and its two-hundred day moving average price is $306.36. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $339.06. The company has a market cap of $559.38 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.