Financial Alternatives Inc Sells 20,566 Shares of Vanguard Total Stock Market ETF $VTI

Financial Alternatives Inc trimmed its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 59.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,271 shares of the company’s stock after selling 20,566 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 2.5% of Financial Alternatives Inc’s investment portfolio, making the stock its 10th largest position. Financial Alternatives Inc’s holdings in Vanguard Total Stock Market ETF were worth $4,578,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after acquiring an additional 2,291,938 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 0.9% in the fourth quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock valued at $6,043,337,000 after purchasing an additional 163,272 shares during the last quarter. Bank of America Corp DE lifted its position in Vanguard Total Stock Market ETF by 2.5% during the fourth quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock worth $4,755,888,000 after buying an additional 343,136 shares in the last quarter. LPL Financial LLC grew its holdings in Vanguard Total Stock Market ETF by 2.0% in the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after buying an additional 277,939 shares in the last quarter. Finally, WealthNavi Inc. raised its holdings in shares of Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the company’s stock worth $4,149,701,000 after acquiring an additional 540,294 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Price Performance

VTI traded up $1.24 during trading hours on Friday, reaching $372.69. The company’s stock had a trading volume of 2,761,395 shares, compared to its average volume of 5,009,340. The stock has a market cap of $668.08 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a fifty-two week low of $304.00 and a fifty-two week high of $374.70. The business’s 50-day moving average is $366.55 and its 200-day moving average is $347.33.

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.