Vanguard Total Stock Market ETF (NYSEARCA:VTI) is Beacon Investment Advisory Services Inc.’s Largest Position

Beacon Investment Advisory Services Inc. lessened its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.7% in the third quarter, HoldingsChannel reports. The firm owned 481,922 shares of the company’s stock after selling 3,420 shares during the period. Vanguard Total Stock Market ETF makes up approximately 5.7% of Beacon Investment Advisory Services Inc.’s holdings, making the stock its largest holding. Beacon Investment Advisory Services Inc.’s holdings in Vanguard Total Stock Market ETF were worth $136,461,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VTI. Baker Ellis Asset Management LLC grew its holdings in Vanguard Total Stock Market ETF by 0.5% during the second quarter. Baker Ellis Asset Management LLC now owns 249,345 shares of the company’s stock valued at $66,702,000 after purchasing an additional 1,271 shares during the period. Olistico Wealth LLC increased its holdings in Vanguard Total Stock Market ETF by 3.5% in the 2nd quarter. Olistico Wealth LLC now owns 40,729 shares of the company’s stock worth $10,895,000 after acquiring an additional 1,371 shares in the last quarter. Kingswood Wealth Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 19.1% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 14,764 shares of the company’s stock worth $3,950,000 after acquiring an additional 2,368 shares during the period. Asset Allocation & Management Company LLC lifted its holdings in Vanguard Total Stock Market ETF by 0.4% during the second quarter. Asset Allocation & Management Company LLC now owns 167,587 shares of the company’s stock valued at $44,831,000 after purchasing an additional 690 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of Vanguard Total Stock Market ETF by 0.9% in the second quarter. Park Avenue Securities LLC now owns 206,746 shares of the company’s stock worth $55,307,000 after purchasing an additional 1,914 shares during the period.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock opened at $299.86 on Monday. Vanguard Total Stock Market ETF has a one year low of $224.82 and a one year high of $300.38. The company’s fifty day moving average price is $288.40 and its 200-day moving average price is $275.99. The company has a market capitalization of $449.79 billion, a price-to-earnings ratio of 23.62 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.