First Business Financial Services Inc. Sells 94,933 Shares of Vanguard Total Stock Market ETF $VTI

First Business Financial Services Inc. trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 10.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 807,129 shares of the company’s stock after selling 94,933 shares during the period. Vanguard Total Stock Market ETF makes up approximately 24.3% of First Business Financial Services Inc.’s investment portfolio, making the stock its largest holding. First Business Financial Services Inc.’s holdings in Vanguard Total Stock Market ETF were worth $264,876,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC raised its stake in Vanguard Total Stock Market ETF by 48.5% in the 3rd quarter. CWM LLC now owns 215,943 shares of the company’s stock worth $70,866,000 after acquiring an additional 70,544 shares during the last quarter. Foundation Wealth Management LLC PA raised its stake in shares of Vanguard Total Stock Market ETF by 15.0% in the second quarter. Foundation Wealth Management LLC PA now owns 63,693 shares of the company’s stock worth $19,358,000 after purchasing an additional 8,315 shares during the last quarter. WealthNavi Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 7.8% during the second quarter. WealthNavi Inc. now owns 12,352,859 shares of the company’s stock worth $3,754,404,000 after purchasing an additional 895,647 shares during the period. Associated Banc Corp lifted its holdings in shares of Vanguard Total Stock Market ETF by 6.3% during the third quarter. Associated Banc Corp now owns 55,546 shares of the company’s stock worth $18,229,000 after purchasing an additional 3,287 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Vanguard Total Stock Market ETF by 2.4% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 113,609 shares of the company’s stock valued at $37,283,000 after buying an additional 2,666 shares during the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Trading Up 1.2%

Shares of NYSEARCA VTI opened at $339.08 on Thursday. The company has a 50 day simple moving average of $335.83 and a two-hundred day simple moving average of $326.45. The stock has a market cap of $577.42 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $343.67.

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.