Prime Capital Investment Advisors LLC Cuts Holdings in Vanguard Total Stock Market ETF $VTI

Prime Capital Investment Advisors LLC reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,192,935 shares of the company’s stock after selling 53,513 shares during the quarter. Vanguard Total Stock Market ETF makes up 4.8% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its largest holding. Prime Capital Investment Advisors LLC owned approximately 0.07% of Vanguard Total Stock Market ETF worth $362,569,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. First County Bank CT boosted its holdings in Vanguard Total Stock Market ETF by 1.5% during the second quarter. First County Bank CT now owns 2,267 shares of the company’s stock valued at $689,000 after acquiring an additional 34 shares during the period. Northstar Financial Companies Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 1.1% during the 1st quarter. Northstar Financial Companies Inc. now owns 3,270 shares of the company’s stock worth $899,000 after purchasing an additional 36 shares during the last quarter. GoalFusion Wealth Management LLC boosted its stake in Vanguard Total Stock Market ETF by 2.8% during the 1st quarter. GoalFusion Wealth Management LLC now owns 1,338 shares of the company’s stock valued at $368,000 after purchasing an additional 37 shares during the period. Orca Investment Management LLC grew its holdings in Vanguard Total Stock Market ETF by 0.5% in the 1st quarter. Orca Investment Management LLC now owns 7,939 shares of the company’s stock valued at $2,182,000 after buying an additional 37 shares during the last quarter. Finally, Pathway Financial Advisors LLC increased its position in Vanguard Total Stock Market ETF by 1.0% in the 1st quarter. Pathway Financial Advisors LLC now owns 3,923 shares of the company’s stock worth $1,078,000 after buying an additional 39 shares during the period. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.1%

VTI opened at $329.97 on Monday. The stock has a market capitalization of $547.29 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $331.74. The business has a 50 day moving average of $319.50 and a 200-day moving average of $297.73.

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.