REDW Wealth LLC Cuts Holdings in Vanguard Total Stock Market ETF $VTI

REDW Wealth LLC lessened its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,089 shares of the company’s stock after selling 4,682 shares during the quarter. Vanguard Total Stock Market ETF makes up about 9.4% of REDW Wealth LLC’s portfolio, making the stock its biggest position. REDW Wealth LLC’s holdings in Vanguard Total Stock Market ETF were worth $24,970,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. boosted its holdings in 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 worth $28,000 after purchasing an additional 58 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in Vanguard Total Stock Market ETF during the second quarter worth about $29,000. Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF in the second quarter valued at approximately $33,000. Anfield Capital Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $45,000. Finally, Berkshire Money Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $60,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.1%

NYSEARCA:VTI opened at $340.56 on Monday. The stock has a market capitalization of $579.94 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $343.67. The firm has a fifty day simple moving average of $336.26 and a 200 day simple moving average of $327.08.

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.