Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sets New 1-Year High – Here’s Why

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s stock price hit a new 52-week high on Thursday . The company traded as high as $383.85 and last traded at $383.79, with a volume of 290539 shares traded. The stock had previously closed at $381.83.

Vanguard Total Stock Market ETF Trading Up 0.8%

The company’s 50 day simple moving average is $369.45 and its 200-day simple moving average is $352.60. The firm has a market cap of $690.02 billion, a P/E ratio of 24.26 and a beta of 1.01.

Institutional Inflows and Outflows

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

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. 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.