Vanguard Total Stock Market ETF $VTI Stock: Penobscot Investment Management Company Inc. Reduces Holdings

Penobscot Investment Management Company Inc. lessened its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 67.3% during the third quarter, Holdings Channel reports. The fund owned 5,016 shares of the ETF’s stock after selling 10,317 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in Vanguard Total Stock Market ETF were worth $1,877,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. City State Bank grew its holdings in 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 purchasing an additional 45 shares during the period. Matrix Private Capital Group LLC bought a new stake in Vanguard Total Stock Market ETF in the first quarter valued at $46,000. Raleigh Capital Management Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 45.0% during the first quarter. Raleigh Capital Management Inc. now owns 145 shares of the ETF’s stock valued at $47,000 after purchasing an additional 45 shares during the period. Allied Private Wealth LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at about $63,000. Finally, Security National Bank of Sioux City Iowa IA acquired a new position in shares of Vanguard Total Stock Market ETF during the second quarter valued at about $87,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

VTI stock opened at $377.92 on Wednesday. The stock has a market capitalization of $696.05 billion, a PE ratio of 24.26 and a beta of 1.01. The company’s 50-day moving average is $377.57 and its 200-day moving average is $358.70. Vanguard Total Stock Market ETF has a 1 year low of $310.40 and a 1 year high of $385.12.

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.