Assetmark Inc. Sells 29,903 Shares of Vanguard Total Stock Market ETF $VTI

Assetmark Inc. trimmed its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,029,487 shares of the company’s stock after selling 29,903 shares during the period. Vanguard Total Stock Market ETF comprises about 0.7% of Assetmark Inc.’s portfolio, making the stock its 28th largest holding. Assetmark Inc.’s holdings in Vanguard Total Stock Market ETF were worth $337,847,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Counsel LLC lifted its position in Vanguard Total Stock Market ETF by 6.1% during the third quarter. Capital Investment Counsel LLC now owns 23,848 shares of the company’s stock valued at $7,826,000 after purchasing an additional 1,367 shares during the period. PFG Private Wealth Management LLC increased its holdings in Vanguard Total Stock Market ETF by 321.7% during the third quarter. PFG Private Wealth Management LLC now owns 7,490 shares of the company’s stock valued at $2,458,000 after buying an additional 5,714 shares during the last quarter. Drake & Associates LLC lifted its position in shares of Vanguard Total Stock Market ETF by 11.0% during the 3rd quarter. Drake & Associates LLC now owns 1,488 shares of the company’s stock valued at $496,000 after buying an additional 147 shares in the last quarter. Savvy Advisors Inc. raised its stake in Vanguard Total Stock Market ETF by 7.6% during the 3rd quarter. Savvy Advisors Inc. now owns 38,968 shares of the company’s stock worth $12,788,000 after acquiring an additional 2,743 shares during the period. Finally, Caprock Group LLC purchased a new position in Vanguard Total Stock Market ETF during the third quarter valued at approximately $279,874,000. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI opened at $336.01 on Friday. The firm has a market cap of $572.19 billion, a P/E ratio of 24.26 and a beta of 1.02. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $344.42. The company has a 50 day simple moving average of $339.05 and a two-hundred day simple moving average of $329.87.

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.