Smith & Howard Wealth Management LLC Has $47.60 Million Stock Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Smith & Howard Wealth Management LLC lessened its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 164,260 shares of the company’s stock after selling 3,815 shares during the period. Vanguard Total Stock Market ETF accounts for 13.5% of Smith & Howard Wealth Management LLC’s holdings, making the stock its 2nd largest position. Smith & Howard Wealth Management LLC’s holdings in Vanguard Total Stock Market ETF were worth $47,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. AlphaMark Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $33,000. Denver PWM LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $33,000. Colony Family Offices LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $35,000. Urban Financial Advisory Corp bought a new position in shares of Vanguard Total Stock Market ETF during the 3rd quarter worth approximately $37,000. Finally, Promus Capital LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter worth approximately $43,000.

Vanguard Total Stock Market ETF Stock Performance

Shares of VTI opened at $275.62 on Tuesday. The stock has a fifty day moving average price of $294.69 and a two-hundred day moving average price of $290.08. Vanguard Total Stock Market ETF has a 52-week low of $244.57 and a 52-week high of $303.39. The company has a market cap of $2.31 trillion, a price-to-earnings ratio of 25.79 and a beta of 1.03.

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.