Composition Wealth LLC Cuts Stock Position in Vanguard Total Stock Market ETF $VTI

Composition Wealth LLC lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 297,275 shares of the company’s stock after selling 3,825 shares during the quarter. Vanguard Total Stock Market ETF makes up 1.4% of Composition Wealth LLC’s portfolio, making the stock its 13th largest position. Composition Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $99,668,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth $31,000. Torren Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth $36,000. Strategic Wealth Investment Group LLC purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth $33,000. Evolution Wealth Management Inc. increased its stake in Vanguard Total Stock Market ETF by 48.4% in the 3rd quarter. Evolution Wealth Management Inc. now owns 141 shares of the company’s stock worth $46,000 after buying an additional 46 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth $50,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $355.29 on Friday. Vanguard Total Stock Market ETF has a 52-week low of $273.58 and a 52-week high of $357.15. The firm has a market capitalization of $620.77 billion, a PE ratio of 24.26 and a beta of 1.01. The stock has a fifty day simple moving average of $334.99 and a two-hundred day simple moving average of $335.54.

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. 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.