Meridian Wealth Advisors LLC Decreases Stock Holdings in Vanguard Total Stock Market ETF $VTI

Meridian Wealth Advisors LLC lowered its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.2% in the second quarter, HoldingsChannel.com reports. The firm owned 4,565 shares of the company’s stock after selling 252 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,387,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VTI. Mackenzie Financial Corp grew its position in Vanguard Total Stock Market ETF by 18.6% in the first quarter. Mackenzie Financial Corp now owns 28,537 shares of the company’s stock valued at $7,843,000 after acquiring an additional 4,470 shares in 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. boosted its stake in shares of 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 purchasing an additional 895,647 shares during the period. Cape Investment Advisory Inc. boosted its stake in shares of Vanguard Total Stock Market ETF by 27.7% in the first quarter. Cape Investment Advisory Inc. now owns 2,960 shares of the company’s stock valued at $814,000 after purchasing an additional 642 shares during the period. Finally, Mill Creek Capital Advisors LLC grew 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 valued at $19,241,000 after purchasing an additional 29,366 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $323.80 on Friday. The firm’s fifty day moving average price is $329.57 and its 200 day moving average price is $312.92. The company has a market capitalization of $540.00 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $339.06.

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.