Towneley Capital Management Inc DE Has $169.43 Million Stake in Vanguard Total Stock Market ETF $VTI

Towneley Capital Management Inc DE trimmed its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 457,869 shares of the ETF’s stock after selling 5,479 shares during the quarter. Vanguard Total Stock Market ETF accounts for 33.3% of Towneley Capital Management Inc DE’s investment portfolio, making the stock its largest holding. Towneley Capital Management Inc DE’s holdings in Vanguard Total Stock Market ETF were worth $169,430,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Great Lakes Retirement Inc. raised its stake in shares of Vanguard Total Stock Market ETF by 0.7% in the second quarter. Great Lakes Retirement Inc. now owns 46,691 shares of the ETF’s stock valued at $17,277,000 after acquiring an additional 338 shares during the period. Acorn Wealth Advisors LLC grew its position in Vanguard Total Stock Market ETF by 0.3% in the 2nd quarter. Acorn Wealth Advisors LLC now owns 15,877 shares of the ETF’s stock valued at $5,875,000 after acquiring an additional 41 shares during the last quarter. Kickstand Ventures LLC. increased its stake in Vanguard Total Stock Market ETF by 17.2% in the second quarter. Kickstand Ventures LLC. now owns 833 shares of the ETF’s stock worth $308,000 after purchasing an additional 122 shares during the period. Pinkerton Wealth LLC increased its stake in Vanguard Total Stock Market ETF by 50.2% in the second quarter. Pinkerton Wealth LLC now owns 2,632 shares of the ETF’s stock worth $974,000 after purchasing an additional 880 shares during the period. Finally, SkyOak Wealth LLC lifted its position in shares of Vanguard Total Stock Market ETF by 1.4% during the second quarter. SkyOak Wealth LLC now owns 9,144 shares of the ETF’s stock worth $3,384,000 after purchasing an additional 123 shares during the last quarter. Institutional investors own 28.92% of the company’s stock.

Vanguard Total Stock Market ETF Trading Down 0.1%

Shares of VTI opened at $383.85 on Friday. The firm has a market capitalization of $688.09 billion, a P/E ratio of 24.26 and a beta of 1.01. Vanguard Total Stock Market ETF has a 12-month low of $310.40 and a 12-month high of $385.12. The firm has a fifty day moving average price of $370.08 and a 200-day moving average price of $353.13.

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.