LPL Financial LLC Reduces Stake in Vanguard Total Stock Market Index Fund ETF Shares (NYSEARCA:VTI)

LPL Financial LLC cut its holdings in shares of Vanguard Total Stock Market Index Fund ETF Shares (NYSEARCA:VTI) by 7.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,213,521 shares of the company’s stock after selling 695,884 shares during the period. Vanguard Total Stock Market Index Fund ETF Shares accounts for 2.5% of LPL Financial LLC’s holdings, making the stock its 3rd biggest holding. LPL Financial LLC owned about 0.94% of Vanguard Total Stock Market Index Fund ETF Shares worth $1,569,155,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nippon Life Insurance Co. lifted its position in Vanguard Total Stock Market Index Fund ETF Shares by 100.4% during the second quarter. Nippon Life Insurance Co. now owns 4,874,725 shares of the company’s stock valued at $763,089,000 after acquiring an additional 2,442,525 shares during the last quarter. Morgan Stanley lifted its position in Vanguard Total Stock Market Index Fund ETF Shares by 21.2% during the first quarter. Morgan Stanley now owns 9,767,620 shares of the company’s stock valued at $1,259,145,000 after acquiring an additional 1,709,779 shares during the last quarter. Wealthfront Advisers LLC lifted its position in Vanguard Total Stock Market Index Fund ETF Shares by 12.6% during the second quarter. Wealthfront Advisers LLC now owns 9,705,257 shares of the company’s stock valued at $1,519,164,000 after acquiring an additional 1,087,783 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Vanguard Total Stock Market Index Fund ETF Shares by 64.1% during the second quarter. Goldman Sachs Group Inc. now owns 2,339,043 shares of the company’s stock valued at $366,130,000 after acquiring an additional 913,802 shares during the last quarter. Finally, CSat Investment Advisory L.P. purchased a new stake in Vanguard Total Stock Market Index Fund ETF Shares during the second quarter valued at approximately $64,020,000.

NYSEARCA:VTI traded up $1.24 during midday trading on Monday, reaching $184.56. 215,274 shares of the stock traded hands, compared to its average volume of 4,830,878. Vanguard Total Stock Market Index Fund ETF Shares has a 12-month low of $109.49 and a 12-month high of $187.52. The business has a 50-day moving average of $174.15 and a two-hundred day moving average of $164.16.

Vanguard Total Stock Market Index Fund ETF Shares 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.

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Institutional Ownership by Quarter for Vanguard Total Stock Market Index Fund ETF Shares (NYSEARCA:VTI)

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