Precedent Wealth Partners LLC Lowers Position in Vanguard Total Stock Market ETF $VTI

Precedent Wealth Partners LLC trimmed its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.3% during the second quarter, Holdings Channel.com reports. The fund owned 81,512 shares of the company’s stock after selling 1,943 shares during the quarter. Vanguard Total Stock Market ETF accounts for about 6.1% of Precedent Wealth Partners LLC’s holdings, making the stock its biggest position. Precedent Wealth Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $24,774,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of VTI. Heck Capital Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $150,448,000. Foster Group Inc. increased its holdings in Vanguard Total Stock Market ETF by 1.7% in the 1st quarter. Foster Group Inc. now owns 1,274,391 shares of the company’s stock valued at $350,254,000 after buying an additional 20,698 shares during the period. Edge Wealth Management LLC bought a new position in Vanguard Total Stock Market ETF in the 1st quarter valued at about $231,000. Ullmann Wealth Partners Group LLC increased its holdings in Vanguard Total Stock Market ETF by 2.8% in the 1st quarter. Ullmann Wealth Partners Group LLC now owns 2,622 shares of the company’s stock valued at $721,000 after buying an additional 72 shares during the period. Finally, Riverview Trust Co increased its holdings in Vanguard Total Stock Market ETF by 57.9% in the 1st quarter. Riverview Trust Co now owns 4,743 shares of the company’s stock valued at $1,304,000 after buying an additional 1,739 shares during the period. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Stock Up 0.1%

VTI stock opened at $329.97 on Friday. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $331.74. The firm has a market cap of $547.29 billion, a P/E ratio of 24.26 and a beta of 1.02. The company’s 50-day moving average price is $319.50 and its two-hundred day moving average price is $297.47.

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.