Financial Management Professionals Inc. Sells 3,304 Shares of Vanguard Total Stock Market ETF $VTI

Financial Management Professionals Inc. cut its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 96.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116 shares of the company’s stock after selling 3,304 shares during the period. Financial Management Professionals Inc.’s holdings in Vanguard Total Stock Market ETF were worth $39,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VTI. Heck Capital Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $150,448,000. Peapack Gladstone Financial Corp increased its position in shares of Vanguard Total Stock Market ETF by 0.6% during the second quarter. Peapack Gladstone Financial Corp now owns 9,863 shares of the company’s stock worth $2,998,000 after purchasing an additional 56 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Vanguard Total Stock Market ETF by 17.5% during the second quarter. Alliancebernstein L.P. now owns 238,003 shares of the company’s stock worth $72,336,000 after purchasing an additional 35,409 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth $243,000. Finally, Ausdal Financial Partners Inc. increased its position in shares of Vanguard Total Stock Market ETF by 8.1% during the second quarter. Ausdal Financial Partners Inc. now owns 22,487 shares of the company’s stock worth $6,834,000 after purchasing an additional 1,680 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $350.53 on Monday. The business’s fifty day simple moving average is $332.80 and its 200-day simple moving average is $334.26. The company has a market cap of $612.45 billion, a PE ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $249.94 and a 12-month high of $351.75.

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.