PNC Financial Services Group Inc. Has $749.76 Million Position in Vanguard Total Stock Market ETF $VTI

PNC Financial Services Group Inc. lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,337,078 shares of the ETF’s stock after selling 19,108 shares during the period. PNC Financial Services Group Inc. owned about 0.13% of Vanguard Total Stock Market ETF worth $749,758,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Heck Capital Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at $150,448,000. Peapack Gladstone Financial Corp boosted its stake in Vanguard Total Stock Market ETF by 0.6% during the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the ETF’s stock worth $2,998,000 after buying an additional 56 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Vanguard Total Stock Market ETF by 17.5% in the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the ETF’s stock valued at $72,336,000 after buying an additional 35,409 shares during the period. Darwin Wealth Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at $243,000. Finally, Ausdal Financial Partners Inc. increased its holdings in Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the ETF’s stock valued at $6,834,000 after buying an additional 1,680 shares during the period. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $369.45 on Wednesday. The firm has a fifty day moving average of $367.83 and a 200-day moving average of $348.92. The stock has a market cap of $662.27 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 52-week low of $304.40 and a 52-week high of $374.70.

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.