Maridea Wealth Management LLC Purchases Shares of 18,101 Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Maridea Wealth Management LLC acquired a new position in Vanguard Total Stock Market ETF (NYSEARCA:VTI) in the 4th quarter, HoldingsChannel reports. The firm acquired 18,101 shares of the company’s stock, valued at approximately $5,246,000. Vanguard Total Stock Market ETF makes up 1.7% of Maridea Wealth Management LLC’s portfolio, making the stock its 12th largest position.

A number of other large investors have also recently made changes to their positions in VTI. Brown Brothers Harriman & Co. raised its holdings in shares of Vanguard Total Stock Market ETF by 0.4% during the fourth quarter. Brown Brothers Harriman & Co. now owns 7,853 shares of the company’s stock valued at $2,276,000 after acquiring an additional 35 shares in the last quarter. Level Four Advisory Services LLC lifted its position in shares of Vanguard Total Stock Market ETF by 1.3% in the 4th quarter. Level Four Advisory Services LLC now owns 31,753 shares of the company’s stock worth $9,202,000 after purchasing an additional 406 shares during the period. Frazier Financial Advisors LLC lifted its position in shares of Vanguard Total Stock Market ETF by 0.7% in the 4th quarter. Frazier Financial Advisors LLC now owns 32,167 shares of the company’s stock worth $9,355,000 after purchasing an additional 215 shares during the period. Blair William & Co. IL boosted its stake in shares of Vanguard Total Stock Market ETF by 1.5% during the 4th quarter. Blair William & Co. IL now owns 264,309 shares of the company’s stock valued at $76,599,000 after purchasing an additional 3,880 shares in the last quarter. Finally, Howe & Rusling Inc. increased its position in shares of Vanguard Total Stock Market ETF by 3.3% during the fourth quarter. Howe & Rusling Inc. now owns 145,318 shares of the company’s stock valued at $42,115,000 after buying an additional 4,660 shares during the period.

Vanguard Total Stock Market ETF Price Performance

Shares of VTI opened at $273.43 on Friday. The company has a 50-day simple moving average of $290.96 and a two-hundred day simple moving average of $290.22. The firm 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 one year low of $244.57 and a one year high of $303.39.

Vanguard Total Stock Market ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a $0.9854 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Vanguard Total Stock Market ETF’s previous dividend of $0.95.

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.