Comerica Bank Cuts Stake in Vanguard Total Stock Market ETF $VTI

Comerica Bank reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,232 shares of the company’s stock after selling 13,790 shares during the quarter. Comerica Bank’s holdings in Vanguard Total Stock Market ETF were worth $94,917,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Gallagher Fiduciary Advisors LLC lifted its position in shares of Vanguard Total Stock Market ETF by 30,685.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock worth $45,690,014,000 after purchasing an additional 149,842,394 shares during the period. Rakuten Investment Management Inc. purchased a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $15,530,622,000. Symphony Financial Ltd. Co. increased its holdings in Vanguard Total Stock Market ETF by 40,887.2% during the second quarter. Symphony Financial Ltd. Co. now owns 7,376,472 shares of the company’s stock valued at $2,242,006,000 after buying an additional 7,358,475 shares during the period. Vanguard Group Inc. raised its stake in Vanguard Total Stock Market ETF by 5.1% in the second quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock worth $17,861,458,000 after buying an additional 2,851,931 shares in the last quarter. Finally, Corient Private Wealth LLC raised its stake in Vanguard Total Stock Market ETF by 122.5% in the second quarter. Corient Private Wealth LLC now owns 2,520,364 shares of the company’s stock worth $766,014,000 after buying an additional 1,387,750 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Down 0.5%

Vanguard Total Stock Market ETF stock opened at $326.13 on Friday. The firm has a market cap of $555.36 billion, a P/E ratio of 24.26 and a beta of 1.02. The business has a fifty day moving average of $338.78 and a two-hundred day moving average of $333.19. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $344.42.

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. 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.