Summit Financial LLC Purchases 30,994 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Summit Financial LLC increased its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,483,150 shares of the company’s stock after acquiring an additional 30,994 shares during the quarter. Vanguard Total Stock Market ETF makes up about 15.1% of Summit Financial LLC’s portfolio, making the stock its largest position. Summit Financial LLC owned approximately 0.10% of Vanguard Total Stock Market ETF worth $429,832,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Nadler Financial Group Inc. raised its position in Vanguard Total Stock Market ETF by 1.4% in the fourth quarter. Nadler Financial Group Inc. now owns 263,046 shares of the company’s stock worth $76,233,000 after acquiring an additional 3,695 shares during the period. Compass Capital Corp MA ADV purchased a new stake in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $4,349,000. Serenus Wealth Advisors LLC bought a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $3,923,000. Citrine Capital LLC bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $1,115,000. Finally, Brickley Wealth Management raised its stake in shares of Vanguard Total Stock Market ETF by 6.2% during the fourth quarter. Brickley Wealth Management now owns 3,502 shares of the company’s stock valued at $1,015,000 after acquiring an additional 204 shares during the last quarter.

Vanguard Total Stock Market ETF Stock Down 2.0 %

NYSEARCA:VTI opened at $273.43 on Monday. The firm’s fifty day simple moving average is $290.96 and its 200 day simple moving average is $290.48. Vanguard Total Stock Market ETF has a twelve month low of $244.57 and a twelve month high of $303.39. The stock has a market cap of $2.27 trillion, a P/E ratio of 24.31 and a beta of 1.04.

Vanguard Total Stock Market ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders 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 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.