Cornerstone Wealth Group LLC Sells 3,462 Shares of Vanguard Total Stock Market ETF $VTI

Cornerstone Wealth Group LLC lessened its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 5.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 58,594 shares of the company’s stock after selling 3,462 shares during the period. Vanguard Total Stock Market ETF makes up approximately 1.3% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 17th biggest holding. Cornerstone Wealth Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $19,229,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. MJT & Associates Financial Advisory Group Inc. boosted its position in Vanguard Total Stock Market ETF by 165.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after purchasing an additional 58 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $29,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $45,000. Finally, Berkshire Money Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth about $60,000. 28.92% of the stock is owned by hedge funds and other institutional investors.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $335.11 on Wednesday. The company has a market capitalization of $570.66 billion, a PE ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $343.67. The company has a 50-day simple moving average of $335.77 and a 200 day simple moving average of $326.37.

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.