Riverwater Partners LLC Lowers Stock Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Riverwater Partners LLC cut its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 12.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,319 shares of the company’s stock after selling 181 shares during the quarter. Riverwater Partners LLC’s holdings in Vanguard Total Stock Market ETF were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of Vanguard Total Stock Market ETF by 5.7% in the fourth quarter. Vanguard Group Inc. now owns 53,720,848 shares of the company’s stock worth $15,568,838,000 after acquiring an additional 2,913,657 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 28,506.5% in the 4th quarter. Proficio Capital Partners LLC now owns 15,408,049 shares of the company’s stock valued at $4,465,407,000 after purchasing an additional 15,354,187 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of Vanguard Total Stock Market ETF by 27,589.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,742,710 shares of the company’s stock valued at $3,113,345,000 after buying an additional 10,703,913 shares during the period. HB Wealth Management LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 0.5% during the 4th quarter. HB Wealth Management LLC now owns 7,873,807 shares of the company’s stock worth $2,179,547,000 after buying an additional 39,815 shares during the last quarter. Finally, Life Planning Partners Inc raised its position in shares of Vanguard Total Stock Market ETF by 27,958.9% in the 4th quarter. Life Planning Partners Inc now owns 7,819,168 shares of the company’s stock worth $2,266,073,000 after buying an additional 7,791,301 shares during the period.

Vanguard Total Stock Market ETF Trading Down 5.9 %

VTI stock opened at $248.47 on Friday. The company has a market cap of $2.06 trillion, a PE ratio of 23.96 and a beta of 1.03. The stock has a 50-day moving average price of $287.79 and a two-hundred day moving average price of $290.00. 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 company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.9854 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from Vanguard Total Stock Market ETF’s previous dividend of $0.95.

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.