I’m looking to shift some of my portfolio into 3 funds to reduce my risk. 25% is currently in VTSAX with the remainder of my portfolio currently in one stock. I plan to slowly sell and move some of my stock into Vanguard mutual funds (or ETF). I see many recommendations for VTIAX, however one of the company’s in the top 10 holding is the same stock I own.
Question: is this a dumb move to do this since I’m putting part of my portfolio back in the same company or is there another international mutual fund/ETF that’s better?