Symetra Investment Management Co Trims Stock Position in Vanguard Total Stock Market ETF $VTI

Symetra Investment Management Co lessened its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.4% during the fourth quarter, Holdings Channel reports. The fund owned 1,138,050 shares of the company’s stock after selling 16,045 shares during the period. Vanguard Total Stock Market ETF comprises 67.1% of Symetra Investment Management Co’s holdings, making the stock its biggest holding. Symetra Investment Management Co’s holdings in Vanguard Total Stock Market ETF were worth $381,554,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $30,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $31,000. Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Basepoint Wealth LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $33,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $366.36 on Friday. The firm has a market cap of $640.11 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $291.97 and a fifty-two week high of $374.70. The firm has a 50 day moving average price of $355.77 and a 200-day moving average price of $342.68.

About Vanguard Total Stock Market ETF

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.