Vanguard Total Stock Market ETF $VTI Shares Sold by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC reduced its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 15.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,715 shares of the company’s stock after selling 1,576 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,860,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VTI. Gallagher Fiduciary Advisors LLC increased its position in shares of Vanguard Total Stock Market ETF by 30,685.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after buying an additional 149,842,394 shares in the last quarter. Vanguard Group Inc. grew its stake in Vanguard Total Stock Market ETF by 5.1% in the 2nd quarter. Vanguard Group Inc. now owns 58,768,332 shares of the company’s stock valued at $17,861,458,000 after acquiring an additional 2,851,931 shares during the period. Betterment LLC grew its stake in Vanguard Total Stock Market ETF by 0.8% in the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after acquiring an additional 209,074 shares during the period. Wealthfront Advisers LLC increased its holdings in Vanguard Total Stock Market ETF by 7.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 17,195,561 shares of the company’s stock worth $5,226,247,000 after acquiring an additional 1,224,122 shares in the last quarter. Finally, WealthNavi Inc. raised its position in 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 acquiring an additional 895,647 shares during the period. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Stock Down 0.2%

Shares of NYSEARCA VTI opened at $342.34 on Wednesday. The company’s 50-day simple moving average is $335.00 and its 200-day simple moving average is $325.15. Vanguard Total Stock Market ETF has a 52-week low of $236.42 and a 52-week high of $343.54. The firm has a market cap of $582.97 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02.

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.