First Citizens Bank & Trust Co. Trims Stock Position in Vanguard Total Stock Market ETF $VTI

First Citizens Bank & Trust Co. cut its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,500 shares of the ETF’s stock after selling 1,957 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Total Stock Market ETF were worth $6,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VTI. Core Wealth Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $30,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $31,000. Basepoint Wealth LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $32,000. Finally, Torren Management LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $36,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.9%

Vanguard Total Stock Market ETF stock opened at $369.45 on Wednesday. The firm has a market cap of $662.27 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12 month low of $304.40 and a 12 month high of $374.70. The stock’s 50 day simple moving average is $367.83 and its two-hundred day simple moving average is $348.92.

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.