Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) saw unusually-strong trading volume on Monday . Approximately 2,164,340 shares traded hands during mid-day trading, a decline of 29% from the previous session’s volume of 3,053,809 shares.The stock last traded at $271.05 and had previously closed at $273.43.

Vanguard Total Stock Market ETF Trading Down 0.3 %

The stock has a market cap of $2.26 trillion, a PE ratio of 24.31 and a beta of 1.04. The firm has a fifty day simple moving average of $290.96 and a two-hundred day simple moving average of $290.48.

Vanguard Total Stock Market ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid 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.

Institutional Inflows and Outflows

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

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.