ETFs

M&T Bank Corp Reduces Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Published December 23, 2024

M&T Bank Corp has reduced its stake in the Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report) by 1.1% during the third quarter, as reported in its latest filing with the Securities and Exchange Commission. After selling 808 shares in the quarter, the firm now holds a total of 71,617 shares in the ETF. The value of M&T Bank Corp's holdings in the Vanguard Total Stock Market ETF was approximately $20,280,000 at the close of the most recent reporting period.

In addition to M&T Bank Corp, several other hedge funds have recently made adjustments to their holdings in VTI. Strategic Financial Concepts LLC significantly increased its position by a staggering 29,053.4% in the second quarter, acquiring a total of 10,264,028 shares worth roughly $2,745,730,000 after purchasing an additional 10,228,821 shares. Meanwhile, the State of New Jersey Common Pension Fund D initiated a new position in the Vanguard Total Stock Market ETF valued at around $892,895,000 during the same quarter. Novo Holdings A S also entered a new stake in the ETF, amounting to about $277,823,000, while Magnolia Capital Advisors LLC acquired approximately $222,087,000 in shares. WealthNavi Inc. enhanced its holdings by 3.4% in the third quarter, bringing its total to 11,372,065 shares valued at $3,220,114,000 after acquiring an extra 377,631 shares.

Vanguard Total Stock Market ETF Performance Overview

As of the last trading session, shares of NYSEARCA VTI opened at $293.28. The ETF has shown a steady performance with a 50-day moving average of $293.34, while the two-hundred day moving average stands at $279.84. Vanguard Total Stock Market ETF boasts a significant market capitalization of $439.92 billion, a price-to-earnings ratio of 23.62, and a beta of 1.02. Over the past year, the ETF has experienced a low of $232.40 and a high of $302.95.

About Vanguard Total Stock Market ETF

The Vanguard Total Stock Market ETF is an exchange-traded fund (ETF) that is part of the Vanguard Total Stock Market Index Fund. This fund follows a passive management or indexing approach, aiming to replicate the performance of the MSCI US Broad Market Index, which represents 99.5% or more of the total market capitalization of all common stocks traded in the United States, including those on the New York and American Stock Exchanges as well as the Nasdaq over-the-counter market.

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For those interested in tracking hedge fund positions in VTI, it is recommended to visit HoldingsChannel.com for the latest 13F filings and insider trading updates related to the Vanguard Total Stock Market ETF (NYSEARCA:VTI – Free Report).

M&T, Vanguard, ETF