PNC Financial Services Group Inc. Grows Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

PNC Financial Services Group Inc. grew its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 1.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,456,836 shares of the company’s stock after purchasing an additional 42,686 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Total Stock Market ETF were worth $695,678,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC increased its position in Vanguard Total Stock Market ETF by 29,053.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock valued at $2,745,730,000 after purchasing an additional 10,228,821 shares during the period. State of New Jersey Common Pension Fund D purchased a new position in Vanguard Total Stock Market ETF during the second quarter valued at approximately $892,895,000. Cetera Investment Advisers raised its stake in Vanguard Total Stock Market ETF by 89.0% in the first quarter. Cetera Investment Advisers now owns 2,407,974 shares of the company’s stock worth $625,832,000 after buying an additional 1,133,730 shares in the last quarter. Miramar Fiduciary Corp lifted its holdings in Vanguard Total Stock Market ETF by 3,670.0% during the second quarter. Miramar Fiduciary Corp now owns 1,082,356 shares of the company’s stock worth $289,541,000 after buying an additional 1,053,646 shares during the period. Finally, Novo Holdings A S bought a new stake in Vanguard Total Stock Market ETF during the 2nd quarter valued at $277,823,000.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA VTI opened at $291.50 on Tuesday. The business has a fifty day moving average price of $284.82 and a 200 day moving average price of $273.51. Vanguard Total Stock Market ETF has a 1-year low of $223.00 and a 1-year high of $298.12. The stock has a market capitalization of $437.25 billion, a P/E ratio of 23.62 and a beta of 1.02.

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.