Meridian Wealth Partners LLC Sells 8,198 Shares of Vanguard Total Stock Market ETF $VTI

Meridian Wealth Partners LLC trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 59.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,657 shares of the company’s stock after selling 8,198 shares during the quarter. Vanguard Total Stock Market ETF makes up 0.3% of Meridian Wealth Partners LLC’s holdings, making the stock its 28th largest position. Meridian Wealth Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,897,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at about $30,000. Wealth Watch Advisors INC acquired a new position in Vanguard Total Stock Market ETF in the 3rd quarter valued at about $31,000. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at about $31,000. Basepoint Wealth LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $366.36 on Friday. The firm has a market cap of $640.11 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52 week low of $291.97 and a 52 week high of $374.70. The firm’s 50-day simple moving average is $355.77 and its 200 day simple moving average is $342.68.

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.