Vanguard Total Stock Market ETF $VTI Stake Lessened by Richmond Investment Services LLC

Richmond Investment Services LLC lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,195 shares of the company’s stock after selling 3,396 shares during the period. Richmond Investment Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $3,912,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC grew its stake in Vanguard Total Stock Market ETF by 0.9% during the 4th quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock valued at $6,043,337,000 after acquiring an additional 163,272 shares in the last quarter. Bank of America Corp DE grew its stake in Vanguard Total Stock Market ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock valued at $4,755,888,000 after acquiring an additional 343,136 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 2.0% in the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after purchasing an additional 277,939 shares during the period. Finally, WealthNavi Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 4.4% in the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the company’s stock valued at $4,149,701,000 after purchasing an additional 540,294 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $369.61 on Wednesday. The company has a 50 day simple moving average of $365.37 and a 200-day simple moving average of $346.65. The firm has a market capitalization of $662.56 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 $304.00 and a 52-week high of $374.70.

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. 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.