Vanguard Total Stock Market ETF $VTI is Sequoia Financial Advisors LLC’s Largest Position

Sequoia Financial Advisors LLC grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,555,236 shares of the company’s stock after purchasing an additional 96,600 shares during the period. Vanguard Total Stock Market ETF comprises about 7.4% of Sequoia Financial Advisors LLC’s portfolio, making the stock its largest holding. Sequoia Financial Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,080,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 4.1% in the first quarter. Vanguard Group Inc. now owns 55,916,401 shares of the company’s stock valued at $15,368,063,000 after purchasing an additional 2,195,553 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 2.2% in the first quarter. Wealthfront Advisers LLC now owns 15,971,439 shares of the company’s stock valued at $4,389,590,000 after purchasing an additional 344,795 shares during the last quarter. LPL Financial LLC increased its holdings in Vanguard Total Stock Market ETF by 0.7% during the first quarter. LPL Financial LLC now owns 12,996,720 shares of the company’s stock worth $3,572,018,000 after buying an additional 90,381 shares during the last quarter. WealthNavi Inc. increased its holdings in Vanguard Total Stock Market ETF by 7.8% during the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock worth $3,754,404,000 after buying an additional 895,647 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in Vanguard Total Stock Market ETF by 4.0% during the first quarter. Northern Trust Corp now owns 9,763,667 shares of the company’s stock worth $2,683,446,000 after buying an additional 378,147 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $321.80 on Monday. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $332.20. The company has a 50-day simple moving average of $321.30 and a 200 day simple moving average of $299.39. The company has a market capitalization of $536.66 billion, a PE 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.