New World Advisors LLC Reduces Stock Position in Vanguard Total Stock Market ETF $VTI

New World Advisors LLC lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 51.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 3,753 shares of the company’s stock after selling 3,944 shares during the period. Vanguard Total Stock Market ETF makes up about 0.2% of New World Advisors LLC’s investment portfolio, making the stock its 16th biggest position. New World Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,204,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VTI. Vanguard Group Inc. grew its holdings in Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after buying an additional 2,291,938 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 0.9% during the 4th quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the company’s stock worth $6,043,337,000 after acquiring an additional 163,272 shares during the period. Bank of America Corp DE raised its holdings in shares of Vanguard Total Stock Market ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 14,185,248 shares of the company’s stock worth $4,755,888,000 after acquiring an additional 343,136 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Total Stock Market ETF by 2.0% during the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the company’s stock valued at $4,720,528,000 after acquiring an additional 277,939 shares during the last quarter. Finally, WealthNavi Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the company’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares during the last quarter. Hedge funds and other institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.1%

Shares of VTI opened at $368.76 on Friday. Vanguard Total Stock Market ETF has a 12-month low of $304.00 and a 12-month high of $374.70. The firm has a 50-day moving average price of $364.23 and a 200 day moving average price of $345.88. The firm has a market capitalization of $654.15 billion, a P/E 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.