Ferguson Wellman Capital Management Inc. Sells 10,630 Shares of Vanguard Total Stock Market ETF $VTI

Ferguson Wellman Capital Management Inc. decreased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 25.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 30,870 shares of the company’s stock after selling 10,630 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $9,903,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Citizens Financial Group Inc. RI lifted its position in shares of Vanguard Total Stock Market ETF by 3.7% during the 1st quarter. Citizens Financial Group Inc. RI now owns 46,316 shares of the company’s stock valued at $14,859,000 after acquiring an additional 1,646 shares during the period. Midwest Trust Co increased its stake in Vanguard Total Stock Market ETF by 10.1% in the first quarter. Midwest Trust Co now owns 103,534 shares of the company’s stock valued at $33,215,000 after purchasing an additional 9,522 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Vanguard Total Stock Market ETF by 100.8% during the first quarter. Fifth Third Bancorp now owns 577,193 shares of the company’s stock valued at $185,170,000 after purchasing an additional 289,689 shares during the period. Glass Wealth Management Co LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 1st quarter worth about $281,000. Finally, Sovran Advisors LLC grew its stake in shares of Vanguard Total Stock Market ETF by 14.2% in the 1st quarter. Sovran Advisors LLC now owns 5,791 shares of the company’s stock valued at $2,051,000 after buying an additional 720 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.3%

Vanguard Total Stock Market ETF stock traded up $1.24 during midday trading on Friday, reaching $372.69. The stock had a trading volume of 2,761,395 shares, compared to its average volume of 5,009,340. The company has a fifty day moving average price of $366.55 and a two-hundred day moving average price of $347.33. Vanguard Total Stock Market ETF has a 12 month low of $304.00 and a 12 month high of $374.70. The company has a market capitalization of $668.08 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.