Washington Trust Bank Has $5.93 Million Position in Vanguard Total Stock Market ETF $VTI

Washington Trust Bank lowered its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 17.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,068 shares of the company’s stock after selling 3,800 shares during the period. Washington Trust Bank’s holdings in Vanguard Total Stock Market ETF were worth $5,929,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Gallagher Fiduciary Advisors LLC increased its position in shares of Vanguard Total Stock Market ETF by 30,685.3% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after buying an additional 149,842,394 shares during the period. Vanguard Group Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 5.1% in the second quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock valued at $17,861,458,000 after purchasing an additional 2,851,931 shares during the last quarter. Betterment LLC boosted its position in Vanguard Total Stock Market ETF by 0.8% in the second quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock worth $7,994,480,000 after purchasing an additional 209,074 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock worth $5,226,247,000 after buying an additional 1,224,122 shares during the last quarter. Finally, WealthNavi Inc. raised 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 buying an additional 895,647 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.7%

Shares of VTI stock opened at $342.40 on Friday. The stock has a market capitalization of $583.07 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm’s 50 day moving average is $334.64 and its 200 day moving average is $324.41. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $342.94.

Vanguard Total Stock Market ETF 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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.