Northwestern Mutual Wealth Management Co. Sells 852,303 Shares of Vanguard Total Stock Market ETF $VTI

Northwestern Mutual Wealth Management Co. lessened its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 99.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,811 shares of the company’s stock after selling 852,303 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Total Stock Market ETF were worth $1,948,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.9% during the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares during the period. WealthNavi Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. WealthNavi Inc. now owns 12,394,779 shares of the company’s stock worth $4,155,598,000 after acquiring an additional 32,017 shares during the period. HB Wealth Management LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 1.1% during the fourth quarter. HB Wealth Management LLC now owns 8,648,161 shares of the company’s stock worth $2,760,340,000 after acquiring an additional 96,255 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.4% during the fourth quarter. Allworth Financial LP now owns 8,495,987 shares of the company’s stock worth $2,848,450,000 after acquiring an additional 32,458 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Up 0.7%

Shares of NYSEARCA:VTI opened at $369.46 on Wednesday. Vanguard Total Stock Market ETF has a 12-month low of $286.86 and a 12-month high of $370.24. The stock has a market cap of $645.52 billion, a PE ratio of 24.26 and a beta of 1.01. The business has a 50 day moving average of $343.90 and a 200-day moving average of $339.17.

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.