Cornerstone Advisors Asset Management LLC Lowers Stake in Vanguard Total Stock Market ETF $VTI

Cornerstone Advisors Asset Management LLC lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTIFree Report) by 15.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 9,509 shares of the ETF’s stock after selling 1,741 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,519,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter worth $30,000. Wealth Watch Advisors INC purchased a new stake in Vanguard Total Stock Market ETF in the third quarter worth about $31,000. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth about $31,000. Basepoint Wealth LLC purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at about $32,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $379.73 on Friday. The stock has a market capitalization of $680.70 billion, a PE ratio of 24.26 and a beta of 1.01. The company has a 50 day moving average price of $373.93 and a 200-day moving average price of $357.15. Vanguard Total Stock Market ETF has a fifty-two week low of $310.40 and a fifty-two week high of $385.12.

Vanguard Total Stock Market ETF Profile

(Free Report)

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.

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Want to see what other hedge funds are holding VTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Stock Market ETF (NYSEARCA:VTIFree Report).

Institutional Ownership by Quarter for Vanguard Total Stock Market ETF (NYSEARCA:VTI)

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