Sumitomo Mitsui Trust Group Inc. Reduces Stock Position in Vanguard Total Stock Market ETF $VTI

Sumitomo Mitsui Trust Group Inc. lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 21.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,500 shares of the company’s stock after selling 2,000 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Vanguard Total Stock Market ETF were worth $2,461,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Toth Financial Advisory Corp bought a new position in Vanguard Total Stock Market ETF in the second quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. increased its position in shares of Vanguard Total Stock Market ETF by 165.7% during the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after purchasing an additional 58 shares during the last quarter. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter worth approximately $29,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth approximately $33,000. Finally, Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF during the second quarter valued at approximately $45,000. 28.92% of the stock is owned by institutional investors.

Vanguard Total Stock Market ETF Trading Down 0.1%

Shares of VTI stock opened at $341.85 on Monday. Vanguard Total Stock Market ETF has a 12 month low of $236.42 and a 12 month high of $343.67. The stock has a market cap of $582.13 billion, a P/E ratio of 24.26 and a beta of 1.02. The company has a 50 day simple moving average of $335.64 and a two-hundred day simple moving average of $325.94.

About Vanguard Total Stock Market ETF

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.