Hobbs Group Advisors LLC Lowers Position in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Hobbs Group Advisors LLC trimmed its holdings in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 17.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,181 shares of the company’s stock after selling 1,505 shares during the quarter. Vanguard Total Stock Market ETF comprises about 0.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 27th largest position. Hobbs Group Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $2,081,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at $29,000. AlphaMark Advisors LLC purchased a new stake in Vanguard Total Stock Market ETF during the fourth quarter valued at about $33,000. Denver PWM LLC bought a new stake in Vanguard Total Stock Market ETF during the fourth quarter worth about $33,000. Urban Financial Advisory Corp purchased a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter worth about $37,000. Finally, Promus Capital LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 4th quarter valued at about $43,000.

Vanguard Total Stock Market ETF Price Performance

NYSEARCA:VTI opened at $273.43 on Friday. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 24.31 and a beta of 1.04. The business has a 50 day moving average of $290.96 and a 200 day moving average of $290.22. Vanguard Total Stock Market ETF has a 1-year low of $244.57 and a 1-year high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

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

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.