Orion Portfolio Solutions LLC Reduces Stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Orion Portfolio Solutions LLC trimmed its position in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 511,190 shares of the company’s stock after selling 21,422 shares during the period. Vanguard Total Stock Market ETF makes up approximately 1.5% of Orion Portfolio Solutions LLC’s investment portfolio, making the stock its 6th largest position. Orion Portfolio Solutions LLC’s holdings in Vanguard Total Stock Market ETF were worth $148,148,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTI. FMR LLC raised its holdings in shares of Vanguard Total Stock Market ETF by 9.7% in the third quarter. FMR LLC now owns 1,003,801 shares of the company’s stock valued at $284,236,000 after purchasing an additional 88,634 shares during the last quarter. Providence Capital Advisors LLC grew its stake in Vanguard Total Stock Market ETF by 9.0% in the 3rd quarter. Providence Capital Advisors LLC now owns 2,503 shares of the company’s stock worth $709,000 after buying an additional 207 shares in the last quarter. Fiduciary Trust Co boosted its stake in Vanguard Total Stock Market ETF by 1.0% in the third quarter. Fiduciary Trust Co now owns 143,050 shares of the company’s stock worth $40,506,000 after buying an additional 1,476 shares in the last quarter. Noesis Capital Mangement Corp bought a new stake in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at about $893,000. Finally, Ruane Cunniff & Goldfarb L.P. purchased a new position in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $302,000.

Vanguard Total Stock Market ETF Stock Down 0.8 %

NYSEARCA VTI opened at $278.99 on Friday. The firm has a market capitalization of $2.31 trillion, a PE ratio of 24.31 and a beta of 1.04. Vanguard Total Stock Market ETF has a twelve month low of $244.57 and a twelve month high of $303.39. The stock’s 50 day moving average is $291.41 and its 200 day moving average is $290.19.

Vanguard Total Stock Market ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a dividend of $0.9854 per share. 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.

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.