Michael A. Dubis Financial Planning LLC Buys Shares of 78,080 Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Michael A. Dubis Financial Planning LLC acquired a new stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 78,080 shares of the company’s stock, valued at approximately $22,628,000. Vanguard Total Stock Market ETF comprises approximately 21.9% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its largest position.

Other hedge funds have also modified their holdings of the company. Nadler Financial Group Inc. increased its stake in Vanguard Total Stock Market ETF by 1.4% in the fourth quarter. Nadler Financial Group Inc. now owns 263,046 shares of the company’s stock valued at $76,233,000 after purchasing an additional 3,695 shares during the last quarter. Compass Capital Corp MA ADV acquired a new position in Vanguard Total Stock Market ETF during the 4th quarter worth approximately $4,349,000. Serenus Wealth Advisors LLC purchased a new position in Vanguard Total Stock Market ETF in the 4th quarter worth approximately $3,923,000. Citrine Capital LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $1,115,000. Finally, Brickley Wealth Management raised its stake in shares of Vanguard Total Stock Market ETF by 6.2% during the fourth 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 during the period.

Vanguard Total Stock Market ETF Trading Down 2.0 %

Shares of VTI stock opened at $273.43 on Friday. The firm has a fifty day simple moving average of $290.96 and a 200-day simple moving average of $290.22. The company has a market capitalization of $2.27 trillion, a PE ratio of 24.31 and a beta of 1.04. Vanguard Total Stock Market ETF has a twelve month low of $244.57 and a twelve month high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid 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.

Vanguard Total Stock Market ETF 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.