Morningstar Investment Management LLC Lowers Stake in Vanguard Total Stock Market ETF $VTI

Morningstar Investment Management LLC decreased its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 22.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 165,190 shares of the ETF’s stock after selling 48,129 shares during the period. Vanguard Total Stock Market ETF comprises about 3.3% of Morningstar Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. Morningstar Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $52,995,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VTI. Core Wealth Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $30,000. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $31,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $32,000. Finally, Torren Management LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth about $36,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $364.80 on Friday. Vanguard Total Stock Market ETF has a fifty-two week low of $304.40 and a fifty-two week high of $374.70. The business has a 50-day moving average of $367.90 and a 200 day moving average of $349.47. The firm has a market cap of $653.94 billion, a P/E ratio of 24.26 and a beta of 1.01.

Vanguard Total Stock Market ETF 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.