Absolute Capital Management LLC Decreases Position in Vanguard Total Stock Market ETF $VTI

Absolute Capital Management LLC trimmed its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 51.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,662 shares of the company’s stock after selling 7,011 shares during the quarter. Absolute Capital Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,192,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VTI. MJT & Associates Financial Advisory Group Inc. raised its position in shares of Vanguard Total Stock Market ETF by 165.7% in 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. purchased a new stake in Vanguard Total Stock Market ETF during the 2nd quarter worth approximately $29,000. Strategic Wealth Investment Group LLC acquired a new position in Vanguard Total Stock Market ETF during the 2nd quarter valued at approximately $33,000. Anfield Capital Management LLC purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $45,000. Finally, Berkshire Money Management Inc. purchased a new position in shares of Vanguard Total Stock Market ETF in the second quarter worth $60,000. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $343.08 on Thursday. The company’s fifty day moving average price is $337.31 and its 200-day moving average price is $327.68. Vanguard Total Stock Market ETF has a 1-year low of $236.42 and a 1-year high of $344.42. The firm has a market capitalization of $584.23 billion, a PE ratio of 24.26 and a beta of 1.02.

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.