Cannon Financial Strategists Inc. Has $20.84 Million Position in Vanguard Total Stock Market ETF $VTI

Cannon Financial Strategists Inc. lowered its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 68,579 shares of the company’s stock after selling 2,201 shares during the period. Vanguard Total Stock Market ETF comprises approximately 3.3% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 9th largest position. Cannon Financial Strategists Inc.’s holdings in Vanguard Total Stock Market ETF were worth $20,843,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VTI. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock valued at $15,368,063,000 after purchasing an additional 2,195,553 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in Vanguard Total Stock Market ETF by 7.7% in the second quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock worth $5,226,247,000 after purchasing an additional 1,224,122 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard Total Stock Market ETF by 0.7% during the first quarter. LPL Financial LLC now owns 12,996,720 shares of the company’s stock valued at $3,572,018,000 after buying an additional 90,381 shares during the period. WealthNavi Inc. boosted its position in Vanguard Total Stock Market ETF by 7.8% during the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock valued at $3,754,404,000 after buying an additional 895,647 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Vanguard Total Stock Market ETF by 4.0% during the first quarter. Northern Trust Corp now owns 9,763,667 shares of the company’s stock valued at $2,683,446,000 after buying an additional 378,147 shares during the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.2%

VTI opened at $330.09 on Friday. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $339.06. The business’s 50-day moving average price is $327.92 and its 200-day moving average price is $308.92. The company has a market cap of $550.49 billion, a P/E ratio of 24.26 and a beta of 1.02.

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.