Balentine LLC reduced its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 4.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 128,158 shares of the ETF’s stock after selling 6,124 shares during the period. Vanguard Total Stock Market ETF makes up approximately 1.8% of Balentine LLC’s investment portfolio, making the stock its 11th biggest position. Balentine LLC’s holdings in Vanguard Total Stock Market ETF were worth $47,962,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTI. City State Bank lifted its stake in shares of Vanguard Total Stock Market ETF by 195.7% in the third quarter. City State Bank now owns 68 shares of the ETF’s stock worth $25,000 after acquiring an additional 45 shares in the last quarter. Team Financial Group LLC purchased a new position in Vanguard Total Stock Market ETF in the third quarter valued at about $25,000. Matrix Private Capital Group LLC acquired a new stake in Vanguard Total Stock Market ETF during the 1st quarter valued at approximately $46,000. Raleigh Capital Management Inc. grew its stake in Vanguard Total Stock Market ETF by 52.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 152 shares of the ETF’s stock valued at $57,000 after purchasing an additional 52 shares in the last quarter. Finally, Essential Investment Partners LLC grew its stake in Vanguard Total Stock Market ETF by 3,900.0% during the 3rd quarter. Essential Investment Partners LLC now owns 160 shares of the ETF’s stock valued at $60,000 after purchasing an additional 156 shares in the last quarter. 28.92% of the stock is owned by hedge funds and other institutional investors.
Vanguard Total Stock Market ETF Stock Up 0.4%
VTI stock opened at $361.93 on Friday. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12. The stock’s 50 day moving average is $376.40 and its two-hundred day moving average is $359.91. The company has a market capitalization of $671.51 billion, a PE ratio of 24.26 and a beta of 1.02.
Vanguard Total Stock Market ETF Company Profile
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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