Vanguard Total Stock Market ETF (NYSEARCA:VTI) Declares Quarterly Dividend of $0.96

Vanguard Total Stock Market ETF (NYSEARCA:VTI) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Monday, September 28th will be given a dividend of $0.9555 per share by the ETF on Wednesday, September 30th. This represents a $3.82 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, September 28th. This is a 8.5% decrease from Vanguard Total Stock Market ETF’s previous quarterly dividend of $1.0437.

Vanguard Total Stock Market ETF Stock Performance

NYSEARCA VTI opened at $379.77 on Friday. The stock has a market cap of $693.23 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01. The business has a 50 day simple moving average of $375.97 and a 200 day simple moving average of $361.22. Vanguard Total Stock Market ETF has a 52-week low of $310.40 and a 52-week high of $385.12.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in shares of Vanguard Total Stock Market ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after purchasing an additional 102,161 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Total Stock Market ETF by 2.0% in the 4th quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock valued at $4,720,528,000 after buying an additional 277,939 shares during the last quarter. WealthNavi Inc. lifted its stake in Vanguard Total Stock Market ETF by 4.4% in the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock valued at $4,149,701,000 after acquiring an additional 540,294 shares in the last quarter. Auto Owners Insurance Co boosted its position in Vanguard Total Stock Market ETF by 58,332.8% during the 4th quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the ETF’s stock worth $4,114,059,000 after acquiring an additional 12,249,882 shares during the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of Vanguard Total Stock Market ETF by 0.4% during the 2nd quarter. HB Wealth Management LLC now owns 8,759,071 shares of the ETF’s stock worth $3,089,725,000 after acquiring an additional 32,666 shares in the last quarter. 28.92% of the stock is owned by institutional investors and hedge funds.

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.