Morningstar Investment Management LLC Sells 6,014 Shares of Vanguard Total Stock Market ETF $VTI

Morningstar Investment Management LLC trimmed its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 213,319 shares of the company’s stock after selling 6,014 shares during the period. Vanguard Total Stock Market ETF accounts for about 4.2% of Morningstar Investment Management LLC’s holdings, making the stock its 2nd largest position. Morningstar Investment Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $71,519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth $31,000. Strategic Wealth Investment Group LLC acquired a new stake in Vanguard Total Stock Market ETF in the 2nd quarter worth $33,000. Torren Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter worth $36,000. Burrus Financial Services Inc. grew its position in Vanguard Total Stock Market ETF by 43.1% in the 4th quarter. Burrus Financial Services Inc. now owns 130,722 shares of the company’s stock worth $44,000 after purchasing an additional 39,387 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth $50,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA VTI opened at $366.79 on Monday. The firm has a market capitalization of $640.86 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The company’s fifty day moving average is $342.25 and its two-hundred day moving average is $338.67. Vanguard Total Stock Market ETF has a 52-week low of $283.00 and a 52-week high of $368.30.

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.