Royal Bank of Canada Lowers Holdings in Vanguard Total Stock Market ETF $VTI

Royal Bank of Canada decreased its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,922,098 shares of the ETF’s stock after selling 133,045 shares during the quarter. Royal Bank of Canada owned approximately 0.17% of Vanguard Total Stock Market ETF worth $937,439,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Cardinal Point Capital Management ULC increased its position in Vanguard Total Stock Market ETF by 5.2% during the first quarter. Cardinal Point Capital Management ULC now owns 611,956 shares of the ETF’s stock worth $196,322,000 after purchasing an additional 30,152 shares during the last quarter. Ervin Investment Management LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 121.5% in the 4th quarter. Ervin Investment Management LLC now owns 3,668 shares of the ETF’s stock valued at $1,230,000 after purchasing an additional 2,012 shares during the last quarter. Serenus Wealth Advisors LLC grew its stake in shares of Vanguard Total Stock Market ETF by 31.7% during the 4th quarter. Serenus Wealth Advisors LLC now owns 33,831 shares of the ETF’s stock valued at $11,343,000 after buying an additional 8,144 shares during the period. Rolek Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 7.5% during the 4th quarter. Rolek Wealth Management LLC now owns 25,652 shares of the ETF’s stock valued at $8,600,000 after buying an additional 1,799 shares during the period. Finally, Diversified Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $5,067,000. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.2%

VTI stock opened at $365.99 on Wednesday. The stock has a 50-day moving average price of $368.07 and a two-hundred day moving average price of $349.89. The company has a market cap of $656.07 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month 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.