Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sees Strong Trading Volume – Still a Buy?

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) saw unusually-strong trading volume on Monday . Approximately 2,164,340 shares were traded during 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 business’s fifty day simple moving average is $290.96 and its 200-day simple moving average is $290.48. The firm has a market cap of $2.26 trillion, a P/E ratio of 24.31 and a beta of 1.04.

Vanguard Total Stock Market ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Vanguard Total Stock Market ETF by 5.7% in the fourth quarter. Vanguard Group Inc. now owns 53,720,848 shares of the company’s stock worth $15,568,838,000 after purchasing an additional 2,913,657 shares during the period. Proficio Capital Partners LLC increased its stake in shares of Vanguard Total Stock Market ETF by 28,506.5% in the 4th quarter. Proficio Capital Partners LLC now owns 15,408,049 shares of the company’s stock worth $4,465,407,000 after acquiring an additional 15,354,187 shares in the last quarter. Strategic Financial Concepts LLC lifted its position in Vanguard Total Stock Market ETF by 27,589.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,742,710 shares of the company’s stock valued at $3,113,345,000 after acquiring an additional 10,703,913 shares during the period. HB Wealth Management LLC boosted its stake in Vanguard Total Stock Market ETF by 0.5% during the fourth quarter. HB Wealth Management LLC now owns 7,873,807 shares of the company’s stock worth $2,179,547,000 after acquiring an additional 39,815 shares in the last quarter. Finally, Life Planning Partners Inc grew its holdings in Vanguard Total Stock Market ETF by 27,958.9% in the fourth quarter. Life Planning Partners Inc now owns 7,819,168 shares of the company’s stock worth $2,266,073,000 after purchasing an additional 7,791,301 shares during the period.

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.