Savvy Advisors Inc. Cuts Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Savvy Advisors Inc. decreased its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 36,095 shares of the company’s stock after selling 4,972 shares during the period. Vanguard Total Stock Market ETF makes up 1.3% of Savvy Advisors Inc.’s portfolio, making the stock its 16th largest position. Savvy Advisors Inc.’s holdings in Vanguard Total Stock Market ETF were worth $10,461,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of VTI. Mountain Hill Investment Partners Corp. bought a new position in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $29,000. AlphaMark Advisors LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $33,000. Denver PWM LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter worth $33,000. Promus Capital LLC bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at $43,000. Finally, Wagner Wealth Management LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $44,000.

Vanguard Total Stock Market ETF Stock Up 1.7 %

Shares of VTI stock opened at $261.74 on Friday. The firm has a market cap of $2.17 trillion, a P/E ratio of 23.96 and a beta of 1.03. The business has a 50-day moving average price of $281.83 and a two-hundred day moving average price of $288.79. Vanguard Total Stock Market ETF has a 12-month low of $236.42 and a 12-month high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.9854 per share. This is a boost from Vanguard Total Stock Market ETF’s previous dividend of $0.95. The ex-dividend date was Thursday, March 27th.

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.