Vanguard Total Stock Market ETF (NYSEARCA:VTI) Stake Lowered by Kovack Advisors Inc.

Kovack Advisors Inc. reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,343 shares of the company’s stock after selling 53 shares during the period. Vanguard Total Stock Market ETF accounts for 0.7% of Kovack Advisors Inc.’s investment portfolio, making the stock its 21st biggest holding. Kovack Advisors Inc.’s holdings in Vanguard Total Stock Market ETF were worth $6,012,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VTI. International Assets Investment Management LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 10,578.3% during the 4th quarter. International Assets Investment Management LLC now owns 9,089,012 shares of the company’s stock valued at $2,156,095,000 after acquiring an additional 9,003,895 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 552.8% in the 4th quarter. Cerity Partners LLC now owns 5,510,130 shares of the company’s stock valued at $1,307,113,000 after purchasing an additional 4,665,993 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Stock Market ETF by 11.0% in the 3rd quarter. Vanguard Group Inc. now owns 35,233,967 shares of the company’s stock valued at $7,484,047,000 after purchasing an additional 3,502,678 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Total Stock Market ETF by 62.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,611,963 shares of the company’s stock valued at $767,214,000 after purchasing an additional 1,384,501 shares during the last quarter. Finally, US Bancorp DE lifted its stake in shares of Vanguard Total Stock Market ETF by 5.9% in the 3rd quarter. US Bancorp DE now owns 19,655,122 shares of the company’s stock valued at $4,174,945,000 after purchasing an additional 1,092,393 shares during the last quarter.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI stock traded up $2.29 on Friday, hitting $251.75. The company’s stock had a trading volume of 3,236,575 shares, compared to its average volume of 3,266,240. Vanguard Total Stock Market ETF has a fifty-two week low of $200.20 and a fifty-two week high of $261.07. The firm’s fifty day moving average price is $253.87 and its 200-day moving average price is $237.84. The stock has a market capitalization of $377.63 billion, a price-to-earnings ratio of 23.79 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.