Pine Harbor Wealth Management LLC Has $16.02 Million Stock Holdings in Vanguard Total Stock Market ETF $VTI

Pine Harbor Wealth Management LLC lessened its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 9.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,773 shares of the company’s stock after selling 5,259 shares during the period. Vanguard Total Stock Market ETF comprises 4.9% of Pine Harbor Wealth Management LLC’s holdings, making the stock its 6th largest holding. Pine Harbor Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $16,017,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after buying an additional 149,842,394 shares during the period. Vanguard Group Inc. increased its stake in Vanguard Total Stock Market ETF by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock worth $19,798,531,000 after acquiring an additional 1,561,779 shares during the period. Rakuten Investment Management Inc. bought a new position in Vanguard Total Stock Market ETF during the 3rd quarter worth $15,530,622,000. Betterment LLC raised its holdings in Vanguard Total Stock Market ETF by 0.8% in the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after acquiring an additional 209,074 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 3.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock valued at $5,861,776,000 after acquiring an additional 666,450 shares in the last quarter. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $323.76 on Friday. The company has a market cap of $560.35 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a fifty-two week low of $236.42 and a fifty-two week high of $344.42. The stock has a fifty day moving average price of $333.38 and a 200-day moving average price of $333.49.

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.