Avidian Wealth Solutions LLC Cuts Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Avidian Wealth Solutions LLC reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 49.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,276 shares of the company’s stock after selling 5,128 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in Vanguard Total Stock Market ETF were worth $1,252,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Friedenthal Financial purchased a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $26,000. Hexagon Capital Partners LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 594.1% in the fourth quarter. Hexagon Capital Partners LLC now owns 118 shares of the company’s stock worth $28,000 after buying an additional 101 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth $31,000. LWM Advisory Services LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the third quarter worth $34,000. Finally, Thompson Investment Management Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 106.7% during the third quarter. Thompson Investment Management Inc. now owns 186 shares of the company’s stock valued at $40,000 after buying an additional 96 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Performance

VTI stock traded up $2.97 during midday trading on Friday, reaching $253.53. The stock had a trading volume of 2,350,197 shares, compared to its average volume of 3,227,820. The firm has a fifty day simple moving average of $254.01 and a two-hundred day simple moving average of $239.42. The stock has a market cap of $380.30 billion, a PE ratio of 23.62 and a beta of 1.02. Vanguard Total Stock Market ETF has a 52-week low of $200.20 and a 52-week high of $261.07.

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.