Vanguard Total Stock Market ETF $VTI is Axos Invest Inc.’s Largest Position

Axos Invest Inc. decreased its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,980 shares of the company’s stock after selling 9,342 shares during the quarter. Vanguard Total Stock Market ETF comprises about 41.3% of Axos Invest Inc.’s portfolio, making the stock its biggest position. Axos Invest Inc.’s holdings in Vanguard Total Stock Market ETF were worth $54,701,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in VTI. NBT Bank N A NY raised its stake in Vanguard Total Stock Market ETF by 0.7% in the second quarter. NBT Bank N A NY now owns 57,888 shares of the company’s stock valued at $17,594,000 after buying an additional 426 shares during the last quarter. Madden Advisory Services Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 0.7% during the second quarter. Madden Advisory Services Inc. now owns 11,444 shares of the company’s stock valued at $3,478,000 after acquiring an additional 83 shares in the last quarter. Proffitt & Goodson Inc. raised its position in shares of Vanguard Total Stock Market ETF by 0.9% in the 2nd quarter. Proffitt & Goodson Inc. now owns 176,014 shares of the company’s stock valued at $53,496,000 after purchasing an additional 1,611 shares during the last quarter. Sax Wealth Advisors LLC raised its position in shares of Vanguard Total Stock Market ETF by 32.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 40,614 shares of the company’s stock valued at $12,344,000 after purchasing an additional 9,927 shares during the last quarter. Finally, BankPlus Trust Department boosted its stake in Vanguard Total Stock Market ETF by 30.4% in the 2nd quarter. BankPlus Trust Department now owns 1,347 shares of the company’s stock worth $409,000 after purchasing an additional 314 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Down 0.5%

NYSEARCA:VTI opened at $329.62 on Wednesday. Vanguard Total Stock Market ETF has a twelve month low of $236.42 and a twelve month high of $331.99. The company has a market cap of $546.71 billion, a PE ratio of 24.26 and a beta of 1.02. The company’s 50 day moving average is $320.20 and its two-hundred day moving average is $298.31.

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.