Spinnaker Investment Group LLC Sells 448 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Spinnaker Investment Group LLC reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.9% during the 4th quarter, HoldingsChannel reports. The fund owned 22,893 shares of the company’s stock after selling 448 shares during the quarter. Vanguard Total Stock Market ETF comprises 1.6% of Spinnaker Investment Group LLC’s investment portfolio, making the stock its 13th largest position. Spinnaker Investment Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $6,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTI. Colony Family Offices LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $35,000. Mattson Financial Services LLC acquired a new position in Vanguard Total Stock Market ETF during the second quarter worth $34,000. Urban Financial Advisory Corp bought a new position in Vanguard Total Stock Market ETF in the third quarter valued at $37,000. Westend Capital Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at $62,000. Finally, Raleigh Capital Management Inc. lifted its position in Vanguard Total Stock Market ETF by 66.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 255 shares of the company’s stock worth $74,000 after buying an additional 102 shares in the last quarter.

Vanguard Total Stock Market ETF Price Performance

Vanguard Total Stock Market ETF stock opened at $302.18 on Friday. The company has a market cap of $453.27 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02. The firm has a 50-day moving average of $295.50 and a 200-day moving average of $283.96. Vanguard Total Stock Market ETF has a one year low of $239.86 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.