Balentine LLC Has $42.66 Million Stake in Vanguard Total Stock Market ETF $VTI

Balentine LLC cut its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 132,975 shares of the company’s stock after selling 2,595 shares during the period. Vanguard Total Stock Market ETF comprises about 1.7% of Balentine LLC’s portfolio, making the stock its 10th largest position. Balentine LLC’s holdings in Vanguard Total Stock Market ETF were worth $42,660,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Heck Capital Advisors LLC bought a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $150,448,000. Peapack Gladstone Financial Corp increased its holdings in Vanguard Total Stock Market ETF by 0.6% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after purchasing an additional 56 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Vanguard Total Stock Market ETF by 17.5% during the 2nd quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock worth $72,336,000 after purchasing an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $243,000. Finally, Ausdal Financial Partners Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 8.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock valued at $6,834,000 after purchasing an additional 1,680 shares during the period. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Price Performance

Shares of Vanguard Total Stock Market ETF stock opened at $369.27 on Thursday. The firm has a market cap of $655.05 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The stock’s 50-day moving average is $363.81 and its 200-day moving average is $345.65. Vanguard Total Stock Market ETF has a one year low of $303.51 and a one year high of $374.70.

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.