Steph & Co. Sells 2,241 Shares of Vanguard Total Stock Market ETF $VTI

Steph & Co. cut its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,066 shares of the ETF’s stock after selling 2,241 shares during the quarter. Vanguard Total Stock Market ETF accounts for 2.1% of Steph & Co.’s portfolio, making the stock its 11th largest position. Steph & Co.’s holdings in Vanguard Total Stock Market ETF were worth $8,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTI. KFA Private Wealth Group LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 2.6% during the third quarter. KFA Private Wealth Group LLC now owns 8,571 shares of the ETF’s stock valued at $3,208,000 after buying an additional 216 shares in the last quarter. Cooper Financial Group lifted its stake in Vanguard Total Stock Market ETF by 45.3% in the 3rd quarter. Cooper Financial Group now owns 1,995 shares of the ETF’s stock worth $747,000 after acquiring an additional 622 shares in the last quarter. Canandaigua National Bank & Trust Co. lifted its stake in Vanguard Total Stock Market ETF by 12.1% in the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 1,854 shares of the ETF’s stock worth $694,000 after acquiring an additional 200 shares in the last quarter. Exchange Bank boosted its position in Vanguard Total Stock Market ETF by 15.7% during the 3rd quarter. Exchange Bank now owns 15,462 shares of the ETF’s stock worth $5,786,000 after acquiring an additional 2,096 shares during the period. Finally, Epiq Partners LLC boosted its position in Vanguard Total Stock Market ETF by 31.6% during the 3rd quarter. Epiq Partners LLC now owns 1,649 shares of the ETF’s stock worth $617,000 after acquiring an additional 396 shares during the period. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 0.4%

NYSEARCA:VTI traded down $1.51 on Wednesday, hitting $381.03. 2,730,954 shares of the company’s stock traded hands, compared to its average volume of 4,375,529. The company has a market cap of $695.53 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1 year low of $310.40 and a 1 year high of $385.12. The firm has a 50-day moving average price of $377.91 and a 200-day moving average price of $364.16.

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.