Vanguard Total Stock Market ETF (NYSEARCA:VTI) Hits New 1-Year High – What’s Next?

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $371.20 and last traded at $370.31, with a volume of 897632 shares. The stock had previously closed at $369.36.

Vanguard Total Stock Market ETF Stock Performance

The stock has a fifty day simple moving average of $346.45 and a 200-day simple moving average of $339.98. The stock has a market cap of $650.91 billion, a P/E ratio of 24.26 and a beta of 1.01.

Institutional Investors Weigh In On Vanguard Total Stock Market ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Core Wealth Advisors LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $30,000. Hilton Head Capital Partners LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $31,000. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter valued at $31,000. Basepoint Wealth LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $32,000. Finally, Torren Management LLC acquired a new stake in Vanguard Total Stock Market ETF in the 4th quarter valued at $36,000. 28.92% of the stock is currently owned by institutional investors and hedge funds.

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.