Vanguard Total Stock Market ETF $VTI Shares Sold by Exchange Capital Management Inc.

Exchange Capital Management Inc. cut its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 11.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,120 shares of the company’s stock after selling 1,062 shares during the quarter. Exchange Capital Management Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,468,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in VTI. Toth Financial Advisory Corp purchased a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. boosted its stake in Vanguard Total Stock Market ETF by 165.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF during the 1st quarter worth $26,000. Citizens National Bank Trust Department purchased a new position in Vanguard Total Stock Market ETF during the 1st quarter worth $34,000. Finally, HFM Investment Advisors LLC acquired a new position in Vanguard Total Stock Market ETF in the first quarter valued at $37,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of NYSEARCA:VTI opened at $329.79 on Friday. Vanguard Total Stock Market ETF has a one year low of $236.42 and a one year high of $330.36. The company has a 50-day simple moving average of $319.18 and a 200-day simple moving average of $297.10. The stock has a market capitalization of $546.99 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.