Independent Advisor Alliance Sells 90,982 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Independent Advisor Alliance reduced its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 70.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,889 shares of the company’s stock after selling 90,982 shares during the period. Independent Advisor Alliance’s holdings in Vanguard Total Stock Market ETF were worth $10,413,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Citizens National Bank Trust Department bought a new position in shares of Vanguard Total Stock Market ETF during the 1st quarter worth approximately $34,000. Pinney & Scofield Inc. bought a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $41,000. Vision Financial Markets LLC bought a new stake in Vanguard Total Stock Market ETF during the 1st quarter valued at $44,000. Inlight Wealth Management LLC bought a new stake in Vanguard Total Stock Market ETF during the 1st quarter valued at $45,000. Finally, Hamilton Point Investment Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the 1st quarter valued at $46,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $313.03 on Monday. The company has a fifty day moving average price of $303.75 and a 200-day moving average price of $289.36. The firm has a market capitalization of $515.35 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $314.84.

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.