Vanguard Total Stock Market ETF $VTI Shares Sold by a16z Perennial Management L.P.

a16z Perennial Management L.P. trimmed its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 57.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,959 shares of the ETF’s stock after selling 60,182 shares during the period. Vanguard Total Stock Market ETF comprises 1.2% of a16z Perennial Management L.P.’s investment portfolio, making the stock its 15th biggest holding. a16z Perennial Management L.P.’s holdings in Vanguard Total Stock Market ETF were worth $14,423,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VTI. Core Wealth Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $30,000. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $31,000. Wealth Watch Advisors INC acquired a new position in Vanguard Total Stock Market ETF during the third quarter worth about $31,000. Basepoint Wealth LLC acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth about $32,000. Finally, Torren Management LLC purchased a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Up 0.9%

VTI stock opened at $369.45 on Wednesday. The firm has a 50 day moving average of $367.83 and a 200-day moving average of $348.92. Vanguard Total Stock Market ETF has a 12-month low of $304.40 and a 12-month high of $374.70. The company has a market cap of $662.27 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

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.