Vanguard Total Stock Market ETF (NYSEARCA:VTI) Stock Position Lessened by Portland Global Advisors LLC

Portland Global Advisors LLC reduced its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 58,931 shares of the company’s stock after selling 165 shares during the period. Vanguard Total Stock Market ETF accounts for about 2.2% of Portland Global Advisors LLC’s portfolio, making the stock its 14th biggest position. Portland Global Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $17,079,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of VTI. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter worth approximately $29,000. Denver PWM LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $33,000. AlphaMark Advisors LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth approximately $33,000. Urban Financial Advisory Corp acquired a new stake in Vanguard Total Stock Market ETF in the third quarter worth approximately $37,000. Finally, Promus Capital LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter valued at $43,000.

Vanguard Total Stock Market ETF Stock Performance

VTI opened at $273.43 on Friday. The company has a market capitalization of $2.27 trillion, a PE ratio of 24.31 and a beta of 1.04. The stock’s fifty day moving average is $290.96 and its 200-day moving average is $290.36. Vanguard Total Stock Market ETF has a one year low of $244.57 and a one year high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.9854 dividend. This is an increase from Vanguard Total Stock Market ETF’s previous dividend of $0.95. The ex-dividend date of this dividend is Thursday, March 27th.

Vanguard Total Stock Market ETF Company 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.