Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 12-Month High – Time to Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI) shares hit a new 52-week high on Tuesday . The company traded as high as $376.19 and last traded at $376.10, with a volume of 314331 shares changing hands. The stock had previously closed at $373.84.

Vanguard Total Stock Market ETF Stock Up 1.0%

The business’s fifty day simple moving average is $368.19 and its two-hundred day simple moving average is $350.60. The company has a market cap of $676.92 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VTI. Core Wealth Advisors LLC acquired a new position in Vanguard Total Stock Market ETF during the fourth quarter worth $30,000. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at approximately $31,000. Wealth Watch Advisors INC acquired a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter worth about $32,000. Finally, Torren Management LLC acquired a new position in Vanguard Total Stock Market ETF in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

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. The Fund typically holds the largest 1,200 to 1,300 stocks in its target index (covering nearly 95% of the index’s total market capitalization) and a representative sample of the remaining stocks.