Howe & Rusling Inc. Acquires 4,660 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Howe & Rusling Inc. raised its holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 3.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 145,318 shares of the company’s stock after buying an additional 4,660 shares during the quarter. Vanguard Total Stock Market ETF makes up about 3.6% of Howe & Rusling Inc.’s holdings, making the stock its 3rd largest position. Howe & Rusling Inc.’s holdings in Vanguard Total Stock Market ETF were worth $42,115,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VTI. Channel Wealth LLC lifted its position in Vanguard Total Stock Market ETF by 1.2% in the 4th quarter. Channel Wealth LLC now owns 2,944 shares of the company’s stock valued at $853,000 after acquiring an additional 35 shares in the last quarter. Grove Bank & Trust lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.8% during the fourth quarter. Grove Bank & Trust now owns 4,581 shares of the company’s stock valued at $1,328,000 after purchasing an additional 35 shares in the last quarter. Greenwood Capital Associates LLC boosted its position in shares of Vanguard Total Stock Market ETF by 1.3% during the fourth quarter. Greenwood Capital Associates LLC now owns 2,671 shares of the company’s stock valued at $774,000 after buying an additional 35 shares during the last quarter. Lifeworks Advisors LLC increased its holdings in Vanguard Total Stock Market ETF by 2.3% in the 4th quarter. Lifeworks Advisors LLC now owns 1,542 shares of the company’s stock worth $447,000 after buying an additional 35 shares in the last quarter. Finally, United Community Bank raised its position in Vanguard Total Stock Market ETF by 0.5% in the 4th quarter. United Community Bank now owns 6,652 shares of the company’s stock worth $1,928,000 after buying an additional 35 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Down 1.2 %

Shares of NYSEARCA VTI opened at $281.16 on Thursday. The firm’s 50-day moving average price is $291.70 and its 200-day moving average price is $290.27. 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 $2.33 trillion, a PE ratio of 24.31 and a beta of 1.04.

Vanguard Total Stock Market ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a $0.9854 dividend. The ex-dividend date is Thursday, March 27th. This is a boost from Vanguard Total Stock Market ETF’s previous dividend of $0.95.

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.