Kings Point Capital Management Sells 126 Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI)

Kings Point Capital Management reduced its stake in Vanguard Total Stock Market ETF (NYSEARCA:VTI) by 0.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 78,162 shares of the company’s stock after selling 126 shares during the quarter. Vanguard Total Stock Market ETF makes up approximately 2.1% of Kings Point Capital Management’s holdings, making the stock its 11th biggest holding. Kings Point Capital Management’s holdings in Vanguard Total Stock Market ETF were worth $11,731,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VTI. IMA Wealth Inc. bought a new stake in Vanguard Total Stock Market ETF during the 1st quarter worth approximately $25,000. JJJ Advisors Inc. boosted its position in Vanguard Total Stock Market ETF by 1,193.3% in the 2nd quarter. JJJ Advisors Inc. now owns 194 shares of the company’s stock valued at $29,000 after buying an additional 179 shares during the last quarter. Delphi Private Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at $38,000. Lenox Wealth Management Inc. bought a new position in Vanguard Total Stock Market ETF in the 2nd quarter valued at $40,000. Finally, Belvedere Advisors LLC bought a new position in Vanguard Total Stock Market ETF in the 1st quarter valued at $41,000.

VTI traded down $0.67 during mid-day trading on Friday, reaching $152.04. The stock had a trading volume of 2,104,429 shares, compared to its average volume of 2,843,984. The firm’s fifty day simple moving average is $149.28 and its two-hundred day simple moving average is $148.15. Vanguard Total Stock Market ETF has a 52 week low of $119.35 and a 52 week high of $154.51.

The company also recently disclosed a — dividend, which was paid on Thursday, September 19th. Shareholders of record on Tuesday, September 17th were given a $0.70 dividend. The ex-dividend date of this dividend was Monday, September 16th. This represents a yield of 1.8%.

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.

See Also: Equity Income

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Institutional Ownership by Quarter for Vanguard Total Stock Market ETF (NYSEARCA:VTI)

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