Cornerstone Advisors Asset Management LLC Sells 1,741 Shares of Vanguard Total Stock Market ETF $VTI

Cornerstone Advisors Asset Management LLC trimmed its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 15.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,509 shares of the ETF’s stock after selling 1,741 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Core Wealth Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $30,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF in the 3rd quarter worth approximately $31,000. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth about $32,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter valued at about $33,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.3%

VTI opened at $379.73 on Friday. The stock has a 50-day moving average of $373.93 and a 200 day moving average of $357.15. Vanguard Total Stock Market ETF has a 12 month low of $310.40 and a 12 month high of $385.12. The firm has a market cap of $680.70 billion, a P/E ratio of 24.26 and a beta of 1.01.

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.