KCM Investment Advisors LLC Cuts Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

KCM Investment Advisors LLC cut its stake in shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.4% in the 4th quarter, Holdings Channel reports. The firm owned 221,687 shares of the company’s stock after selling 869 shares during the quarter. Vanguard Total Stock Market ETF comprises approximately 2.2% of KCM Investment Advisors LLC’s holdings, making the stock its 6th biggest position. KCM Investment Advisors LLC’s holdings in Vanguard Total Stock Market ETF were worth $64,247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VTI. Wexford Capital LP bought a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at approximately $3,003,000. Kovitz Investment Group Partners LLC raised its stake in Vanguard Total Stock Market ETF by 73.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 832,861 shares of the company’s stock valued at $235,833,000 after acquiring an additional 352,460 shares in the last quarter. EP Wealth Advisors LLC raised its stake in Vanguard Total Stock Market ETF by 11.1% during the 3rd quarter. EP Wealth Advisors LLC now owns 186,227 shares of the company’s stock valued at $52,732,000 after acquiring an additional 18,545 shares in the last quarter. Glen Eagle Advisors LLC boosted its position in Vanguard Total Stock Market ETF by 4.0% during the 3rd quarter. Glen Eagle Advisors LLC now owns 25,484 shares of the company’s stock worth $7,216,000 after acquiring an additional 971 shares during the period. Finally, Zacks Investment Management grew its stake in shares of Vanguard Total Stock Market ETF by 17.8% in the third quarter. Zacks Investment Management now owns 8,362 shares of the company’s stock worth $2,368,000 after purchasing an additional 1,264 shares in the last quarter.

Vanguard Total Stock Market ETF Stock Down 5.9 %

Shares of NYSEARCA VTI opened at $248.47 on Friday. The stock has a market cap of $2.06 trillion, a P/E ratio of 23.96 and a beta of 1.03. The firm’s 50-day simple moving average is $287.79 and its 200 day simple moving average is $290.00. Vanguard Total Stock Market ETF has a fifty-two week low of $244.57 and a fifty-two week high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

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