Vanguard Total Stock Market ETF (NYSEARCA:VTI) Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. lessened its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 9,947 shares of the company’s stock after selling 380 shares during the period. Exchange Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,585,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Friedenthal Financial purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth about $26,000. MeadowBrook Investment Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth about $27,000. Hexagon Capital Partners LLC increased its position in Vanguard Total Stock Market ETF by 594.1% during the 4th quarter. Hexagon Capital Partners LLC now owns 118 shares of the company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. Pineridge Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the 4th quarter worth about $43,000. Finally, Quantum Capital Management LLC NJ purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at about $46,000.

Vanguard Total Stock Market ETF Trading Up 0.4 %

VTI traded up $1.05 during midday trading on Tuesday, hitting $269.10. The company’s stock had a trading volume of 3,342,626 shares, compared to its average volume of 3,062,030. The firm has a market cap of $403.65 billion, a P/E ratio of 23.62 and a beta of 1.02. The firm has a 50-day moving average price of $260.61 and a two-hundred day moving average price of $251.76. Vanguard Total Stock Market ETF has a 52-week low of $202.44 and a 52-week high of $270.41.

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.