Vanguard Total Stock Market ETF $VTI is Prentice Wealth Management LLC’s 2nd Largest Position

Prentice Wealth Management LLC decreased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 41.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 122,977 shares of the company’s stock after selling 87,242 shares during the period. Vanguard Total Stock Market ETF accounts for about 8.9% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Prentice Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $39,452,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VTI. Heck Capital Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $150,448,000. Peapack Gladstone Financial Corp lifted its stake in shares of Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock valued at $2,998,000 after buying an additional 56 shares in the last quarter. Alliancebernstein L.P. boosted its holdings in Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock worth $72,336,000 after buying an additional 35,409 shares during the period. Darwin Wealth Management LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter worth $243,000. Finally, Ausdal Financial Partners Inc. increased its stake in Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after buying an additional 1,680 shares in the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $363.70 on Wednesday. The stock has a fifty day simple moving average of $361.35 and a two-hundred day simple moving average of $344.45. The firm has a market capitalization of $635.46 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $297.94 and a 52-week high of $374.70.

Vanguard Total Stock Market ETF 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.