Sax Wealth Advisors LLC cut its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 12.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,392 shares of the company’s stock after selling 4,852 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $11,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Evolution Wealth Management Inc. purchased a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $29,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth $31,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $33,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $50,000. Finally, Clear Investment Research LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter valued at about $51,000. Institutional investors and hedge funds own 28.92% of the company’s stock.
Vanguard Total Stock Market ETF Trading Up 0.6%
Shares of VTI opened at $325.15 on Thursday. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $344.42. The firm has a market capitalization of $553.69 billion, a P/E ratio of 24.26 and a beta of 1.02. The firm has a 50-day moving average price of $336.29 and a 200 day moving average price of $333.69.
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.
Further Reading
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