Prudent Man Investment Management Inc. Acquires Shares of 3,443 Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Prudent Man Investment Management Inc. bought a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 3,443 shares of the company’s stock, valued at approximately $998,000. Vanguard Total Stock Market ETF makes up about 0.6% of Prudent Man Investment Management Inc.’s investment portfolio, making the stock its 12th biggest holding.

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

Vanguard Total Stock Market ETF Trading Down 2.0 %

NYSEARCA:VTI opened at $273.43 on Monday. The company has a market cap of $2.27 trillion, a PE ratio of 24.31 and a beta of 1.04. The company has a 50 day simple moving average of $290.96 and a two-hundred day simple moving average of $290.48. Vanguard Total Stock Market ETF has a 12 month low of $244.57 and a 12 month 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. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.9854 per share. The ex-dividend date of this dividend 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 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.