IPG Investment Advisors LLC Makes New Investment in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

IPG Investment Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 987 shares of the company’s stock, valued at approximately $286,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Channel Wealth LLC boosted its holdings in Vanguard Total Stock Market ETF by 1.2% in the 4th quarter. Channel Wealth LLC now owns 2,944 shares of the company’s stock valued at $853,000 after purchasing an additional 35 shares during the period. Grove Bank & Trust raised its position in shares of Vanguard Total Stock Market ETF by 0.8% during the fourth quarter. Grove Bank & Trust now owns 4,581 shares of the company’s stock valued at $1,328,000 after buying an additional 35 shares during the last quarter. Greenwood Capital Associates LLC lifted its stake in shares of Vanguard Total Stock Market ETF by 1.3% in the fourth quarter. Greenwood Capital Associates LLC now owns 2,671 shares of the company’s stock valued at $774,000 after buying an additional 35 shares during the period. Lifeworks Advisors LLC grew its position in Vanguard Total Stock Market ETF by 2.3% during the fourth quarter. Lifeworks Advisors LLC now owns 1,542 shares of the company’s stock worth $447,000 after buying an additional 35 shares in the last quarter. Finally, United Community Bank increased its stake in Vanguard Total Stock Market ETF by 0.5% during the fourth quarter. United Community Bank now owns 6,652 shares of the company’s stock valued at $1,928,000 after acquiring an additional 35 shares during the period.

Vanguard Total Stock Market ETF Trading Down 2.0 %

Shares of VTI stock opened at $273.43 on Friday. Vanguard Total Stock Market ETF has a 12 month low of $244.57 and a 12 month high of $303.39. The company has a market capitalization of $2.27 trillion, a P/E ratio of 24.31 and a beta of 1.04. The stock has a 50 day moving average of $290.96 and a two-hundred day moving average of $290.36.

Vanguard Total Stock Market ETF Increases Dividend

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