Pinion Investment Advisors LLC Reduces Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Pinion Investment Advisors LLC reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.3% during the 4th quarter, HoldingsChannel reports. The fund owned 11,283 shares of the company’s stock after selling 154 shares during the period. Vanguard Total Stock Market ETF accounts for about 1.3% of Pinion Investment Advisors LLC’s holdings, making the stock its 14th largest position. Pinion Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VTI. Proficio Capital Partners LLC lifted its position in Vanguard Total Stock Market ETF by 28,506.5% in the fourth quarter. Proficio Capital Partners LLC now owns 15,408,049 shares of the company’s stock worth $4,465,407,000 after buying an additional 15,354,187 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 12,994,777 shares of the company’s stock worth $3,679,601,000 after acquiring an additional 242,536 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 27,589.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,742,710 shares of the company’s stock worth $3,113,345,000 after purchasing an additional 10,703,913 shares during the period. HB Wealth Management LLC grew its holdings in Vanguard Total Stock Market ETF by 0.5% during the 4th quarter. HB Wealth Management LLC now owns 7,873,807 shares of the company’s stock valued at $2,179,547,000 after purchasing an additional 39,815 shares during the last quarter. Finally, Life Planning Partners Inc raised its position in Vanguard Total Stock Market ETF by 27,958.9% in the 4th quarter. Life Planning Partners Inc now owns 7,819,168 shares of the company’s stock worth $2,266,073,000 after purchasing an additional 7,791,301 shares during the period.

Vanguard Total Stock Market ETF Trading Down 1.8 %

Shares of VTI opened at $287.71 on Tuesday. The firm has a market capitalization of $2.41 trillion, a P/E ratio of 25.79 and a beta of 1.03. Vanguard Total Stock Market ETF has a 12-month low of $244.57 and a 12-month high of $303.39. The firm has a fifty day moving average price of $295.97 and a 200-day moving average price of $289.81.

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.