Northwestern Mutual Wealth Management Co. Sells 96,626 Shares of Vanguard Total Stock Market ETF $VTI

Northwestern Mutual Wealth Management Co. trimmed its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 761,488 shares of the company’s stock after selling 96,626 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Total Stock Market ETF were worth $255,304,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Abbot Financial Management Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 2.1% during the 3rd quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after purchasing an additional 30 shares during the period. Finward Bancorp raised its stake in shares of Vanguard Total Stock Market ETF by 3.7% during the 4th quarter. Finward Bancorp now owns 841 shares of the company’s stock valued at $282,000 after purchasing an additional 30 shares during the period. Boyum Wealth Architects LLC raised its stake in shares of Vanguard Total Stock Market ETF by 0.3% during the 4th quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the company’s stock valued at $3,969,000 after purchasing an additional 30 shares during the period. Financial Perspectives Inc increased its holdings in Vanguard Total Stock Market ETF by 1.3% during the 4th quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock worth $800,000 after acquiring an additional 30 shares during the period. Finally, Van Hulzen Asset Management LLC increased its holdings in Vanguard Total Stock Market ETF by 1.1% during the 4th quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the company’s stock worth $922,000 after acquiring an additional 30 shares during the period. 28.92% of the stock is currently owned by institutional investors.

Vanguard Total Stock Market ETF Trading Up 0.6%

Vanguard Total Stock Market ETF stock opened at $371.66 on Friday. The firm’s 50 day simple moving average is $345.52 and its 200 day simple moving average is $339.75. The firm has a market capitalization of $649.37 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 1-year low of $286.86 and a 1-year high of $371.92.

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.