Kovack Advisors Inc. Sells 53 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Kovack Advisors Inc. lowered its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,343 shares of the company’s stock after selling 53 shares during the period. Vanguard Total Stock Market ETF comprises about 0.7% of Kovack Advisors Inc.’s portfolio, making the stock its 21st largest holding. Kovack Advisors Inc.’s holdings in Vanguard Total Stock Market ETF were worth $6,012,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VTI. Friedenthal Financial acquired a new stake in Vanguard Total Stock Market ETF in the fourth quarter valued at $26,000. Hoey Investments Inc. lifted its stake in Vanguard Total Stock Market ETF by 170.0% in the third quarter. Hoey Investments Inc. now owns 135 shares of the company’s stock valued at $29,000 after acquiring an additional 85 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new stake in Vanguard Total Stock Market ETF in the third quarter valued at $31,000. LWM Advisory Services LLC acquired a new stake in Vanguard Total Stock Market ETF in the third quarter valued at $34,000. Finally, Thompson Investment Management Inc. lifted its stake in Vanguard Total Stock Market ETF by 106.7% in the third quarter. Thompson Investment Management Inc. now owns 186 shares of the company’s stock valued at $40,000 after acquiring an additional 96 shares during the last quarter.

Vanguard Total Stock Market ETF Price Performance

VTI stock traded up $2.29 during trading hours on Friday, reaching $251.75. The stock had a trading volume of 3,236,575 shares, compared to its average volume of 3,266,240. The stock has a market capitalization of $377.63 billion, a PE ratio of 23.79 and a beta of 1.02. The stock has a 50-day simple moving average of $253.87 and a 200 day simple moving average of $237.84. Vanguard Total Stock Market ETF has a fifty-two week low of $200.20 and a fifty-two week high of $261.07.

About Vanguard Total Stock Market ETF

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.