Morningstar Investment Management LLC Sells 20,092 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Morningstar Investment Management LLC reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 8.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,276 shares of the company’s stock after selling 20,092 shares during the quarter. Vanguard Total Stock Market ETF accounts for 5.2% of Morningstar Investment Management LLC’s portfolio, making the stock its 6th largest position. Morningstar Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $61,640,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTI. Wealthfront Advisers LLC boosted its holdings in Vanguard Total Stock Market ETF by 2.2% during the first quarter. Wealthfront Advisers LLC now owns 15,971,439 shares of the company’s stock worth $4,389,590,000 after purchasing an additional 344,795 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Total Stock Market ETF by 0.7% during the 1st 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 in the last quarter. WealthNavi Inc. lifted its position in Vanguard Total Stock Market ETF by 3.1% during the 1st quarter. WealthNavi Inc. now owns 11,457,212 shares of the company’s stock worth $3,148,900,000 after buying an additional 345,712 shares in the last quarter. HB Wealth Management LLC boosted its stake in shares of Vanguard Total Stock Market ETF by 7.4% during the 1st quarter. HB Wealth Management LLC now owns 8,458,435 shares of the company’s stock worth $2,224,716,000 after buying an additional 584,628 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Vanguard Total Stock Market ETF by 1.6% in the 1st quarter. Allworth Financial LP now owns 8,183,514 shares of the company’s stock valued at $2,201,283,000 after acquiring an additional 128,356 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA:VTI opened at $313.60 on Tuesday. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $314.24. The company has a market cap of $516.29 billion, a P/E ratio of 24.26 and a beta of 1.02. The stock’s 50-day simple moving average is $299.71 and its 200 day simple moving average is $288.39.

Vanguard Total Stock Market ETF 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.