Summit Investment Advisory Services LLC Trims Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Summit Investment Advisory Services LLC decreased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,232 shares of the company’s stock after selling 106 shares during the quarter. Vanguard Total Stock Market ETF comprises 2.7% of Summit Investment Advisory Services LLC’s portfolio, making the stock its 8th biggest holding. Summit Investment Advisory Services LLC’s holdings in Vanguard Total Stock Market ETF were worth $4,325,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTI. Moneta Group Investment Advisors LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 860,164.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 694,655,186 shares of the company’s stock worth $132,811,125,000 after purchasing an additional 694,574,437 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard Total Stock Market ETF by 11.0% during the 3rd quarter. Vanguard Group Inc. now owns 35,233,967 shares of the company’s stock valued at $7,484,047,000 after acquiring an additional 3,502,678 shares during the period. Nissay Asset Management Corp Japan ADV purchased a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at $435,417,000. JPMorgan Chase & Co. boosted its holdings in Vanguard Total Stock Market ETF by 62.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,611,963 shares of the company’s stock valued at $767,214,000 after acquiring an additional 1,384,501 shares during the period. Finally, US Bancorp DE boosted its holdings in Vanguard Total Stock Market ETF by 5.9% during the 3rd quarter. US Bancorp DE now owns 19,655,122 shares of the company’s stock valued at $4,174,945,000 after acquiring an additional 1,092,393 shares during the period.

Vanguard Total Stock Market ETF Stock Up 0.1 %

VTI traded up $0.20 during trading hours on Thursday, reaching $259.93. 2,668,123 shares of the company’s stock traded hands, compared to its average volume of 3,276,921. The firm has a 50-day moving average price of $249.81 and a 200 day moving average price of $232.21. Vanguard Total Stock Market ETF has a 52-week low of $198.61 and a 52-week high of $261.07. The firm has a market capitalization of $366.50 billion, a PE ratio of 18.80 and a beta of 1.02.

Vanguard Total Stock Market ETF 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.