Lbmc Investment Advisors LLC Reduces Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Lbmc Investment Advisors LLC cut its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,892 shares of the company’s stock after selling 34 shares during the quarter. Lbmc Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $838,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ironwood Wealth Management LLC. increased its stake in Vanguard Total Stock Market ETF by 7.0% during the second quarter. Ironwood Wealth Management LLC. now owns 26,947 shares of the company’s stock worth $7,208,000 after acquiring an additional 1,771 shares during the last quarter. LHM Inc. raised its holdings in Vanguard Total Stock Market ETF by 34.2% in the 2nd quarter. LHM Inc. now owns 492,079 shares of the company’s stock valued at $132,107,000 after buying an additional 125,360 shares during the period. Bridges Investment Management Inc. acquired a new position in Vanguard Total Stock Market ETF in the second quarter valued at about $1,085,000. King Luther Capital Management Corp boosted its stake in Vanguard Total Stock Market ETF by 4.7% during the second quarter. King Luther Capital Management Corp now owns 18,209 shares of the company’s stock worth $4,871,000 after buying an additional 818 shares during the period. Finally, AE Wealth Management LLC increased its position in shares of Vanguard Total Stock Market ETF by 25.9% during the second quarter. AE Wealth Management LLC now owns 44,924 shares of the company’s stock valued at $12,018,000 after acquiring an additional 9,239 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI stock opened at $296.20 on Friday. The firm has a market cap of $444.30 billion, a P/E ratio of 23.62 and a beta of 1.02. The firm’s 50 day moving average price is $295.38 and its 200-day moving average price is $283.29. Vanguard Total Stock Market ETF has a one year low of $234.62 and a one year high of $302.95.

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.