Lokken Investment Group LLC Has $5.09 Million Stock Holdings in Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Lokken Investment Group LLC trimmed its position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 19.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,547 shares of the company’s stock after selling 4,246 shares during the quarter. Vanguard Total Stock Market ETF makes up 2.2% of Lokken Investment Group LLC’s portfolio, making the stock its 14th biggest position. Lokken Investment Group LLC’s holdings in Vanguard Total Stock Market ETF were worth $5,085,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $29,000. AlphaMark Advisors LLC acquired a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $33,000. Denver PWM LLC acquired a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth $33,000. Urban Financial Advisory Corp bought a new stake in Vanguard Total Stock Market ETF in the third quarter valued at about $37,000. Finally, Promus Capital LLC acquired a new position in Vanguard Total Stock Market ETF in the fourth quarter valued at about $43,000.

Vanguard Total Stock Market ETF Price Performance

Shares of NYSEARCA:VTI opened at $274.84 on Tuesday. The company has a market capitalization of $2.28 trillion, a price-to-earnings ratio of 23.96 and a beta of 1.03. The firm’s 50 day simple moving average is $290.53 and its 200 day simple moving average is $290.48. 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 firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.9854 per share. This is a boost from Vanguard Total Stock Market ETF’s previous dividend of $0.95. The ex-dividend date 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.