Smith Moore & CO. Reduces Stake in Vanguard Total Stock Market ETF $VTI

Smith Moore & CO. lowered its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,334 shares of the company’s stock after selling 3,844 shares during the period. Vanguard Total Stock Market ETF makes up approximately 4.8% of Smith Moore & CO.’s portfolio, making the stock its 2nd largest position. Smith Moore & CO.’s holdings in Vanguard Total Stock Market ETF were worth $56,632,000 at the end of the most recent quarter.

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

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $336.31 on Monday. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $339.06. The stock has a market capitalization of $560.86 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The business’s fifty day moving average price is $330.24 and its 200-day moving average price is $315.17.

Vanguard Total Stock Market ETF Company 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.