First Foundation Advisors Reduces Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

First Foundation Advisors lowered its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,658 shares of the company’s stock after selling 50 shares during the period. First Foundation Advisors’ holdings in Vanguard Total Stock Market ETF were worth $2,770,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Friedenthal Financial bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at $26,000. MeadowBrook Investment Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at $27,000. Hexagon Capital Partners LLC boosted its stake in Vanguard Total Stock Market ETF by 594.1% during the fourth quarter. Hexagon Capital Partners LLC now owns 118 shares of the company’s stock valued at $28,000 after buying an additional 101 shares during the period. New England Capital Financial Advisors LLC boosted its stake in Vanguard Total Stock Market ETF by 58.4% during the first quarter. New England Capital Financial Advisors LLC now owns 160 shares of the company’s stock valued at $42,000 after buying an additional 59 shares during the period. Finally, Pineridge Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at $43,000.

Vanguard Total Stock Market ETF Price Performance

VTI stock traded down $1.70 during mid-day trading on Friday, hitting $271.06. 2,414,152 shares of the stock were exchanged, compared to its average volume of 3,054,791. The business has a fifty day moving average price of $266.75 and a 200 day moving average price of $255.47. Vanguard Total Stock Market ETF has a 12 month low of $202.44 and a 12 month high of $279.21. The stock has a market capitalization of $406.59 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

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.