Folger Nolan Fleming Douglas Capital Management Inc. Cuts Stake in Vanguard Total Stock Market ETF $VTI

Folger Nolan Fleming Douglas Capital Management Inc. reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,877 shares of the company’s stock after selling 918 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 1.2% of Folger Nolan Fleming Douglas Capital Management Inc.’s holdings, making the stock its 22nd largest position. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $10,904,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Toth Financial Advisory Corp purchased a new stake in Vanguard Total Stock Market ETF during the 2nd quarter valued at approximately $27,000. MJT & Associates Financial Advisory Group Inc. increased its position in Vanguard Total Stock Market ETF by 165.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the first quarter valued at $26,000. Citizens National Bank Trust Department bought a new position in Vanguard Total Stock Market ETF during the first quarter valued at $34,000. Finally, HFM Investment Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the first quarter valued at $37,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 2.7%

VTI stock opened at $321.80 on Friday. Vanguard Total Stock Market ETF has a 52 week low of $236.42 and a 52 week high of $332.20. The company has a fifty day simple moving average of $321.30 and a two-hundred day simple moving average of $299.12. The firm has a market capitalization of $536.66 billion, a P/E ratio of 24.26 and a beta of 1.02.

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.