Private Wealth Partners Cuts Stake in Vanguard Total Stock Market ETF

Private Wealth Partners LLC has reduced its stake in the Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.1% during the second quarter of 2024, as detailed in its latest filing with the Securities and Exchange Commission. Following this adjustment, the firm now holds 14,750 shares of the ETF, reflecting a sale of 636 shares in the past quarter. The value of Private Wealth’s holdings in the Vanguard Total Stock Market ETF stands at approximately $4,483,000.

Several institutional investors have similarly modified their positions in the ETF. For instance, Werba Rubin Papier Wealth Management increased its holdings by 0.3% in the same quarter, acquiring an additional 33 shares to reach a total of 9,785 shares, valued at $2,974,000. First County Bank CT also raised its investment by 1.5%, now owning 2,267 shares worth around $689,000 after purchasing 34 shares.

The trend continued with Northstar Financial Companies Inc., which increased its holdings by 1.1% during the first quarter, bringing its total to 3,270 shares, valued at $899,000 after acquiring an additional 36 shares. GoalFusion Wealth Management LLC and Orca Investment Management LLC also adjusted their stakes, increasing by 2.8% and 0.5%, respectively, in the first quarter.

Overall, approximately 28.92% of the Vanguard Total Stock Market ETF is now owned by hedge funds and institutional investors.

Current Performance of Vanguard Total Stock Market ETF

On Tuesday, shares of Vanguard Total Stock Market ETF opened at $337.43. The ETF has experienced significant fluctuations over the past year, achieving a twelve-month low of $236.42 and a high of $337.70. The ETF’s 50-day moving average is $324.84, while the 200-day moving average stands at $304.57.

Vanguard Total Stock Market ETF boasts a market capitalization of approximately $562.73 billion, a price-to-earnings (PE) ratio of 24.26, and a beta of 1.02, indicating its volatility relative to the broader market.

The Vanguard Total Stock Market ETF is part of an exchange-traded share class of the Vanguard Total Stock Market Index Fund. This fund adopts a passive management approach aimed at tracking the performance of the MSCI US Broad Market Index, which encompasses over 99.5% of the total market capitalization of all common stocks traded on the New York and American Stock Exchanges, as well as the Nasdaq over-the-counter market.

For investors interested in monitoring institutional holdings in Vanguard Total Stock Market ETF, resources such as HoldingsChannel.com provide updated 13F filings and insider trades. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analysts’ ratings for the ETF and related companies.