Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sets New 52-Week High – What’s Next?

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) reached a new 52-week high on Tuesday . The company traded as high as $343.73 and last traded at $343.3180, with a volume of 1802948 shares trading hands. The stock had previously closed at $342.03.

Vanguard Total Stock Market ETF Stock Up 0.4%

The business has a fifty day moving average of $336.58 and a 200 day moving average of $327.32. The firm has a market cap of $584.66 billion, a P/E ratio of 24.26 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VTI. MJT & Associates Financial Advisory Group Inc. grew its position in shares of Vanguard Total Stock Market ETF by 165.7% in the 2nd quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock valued at $28,000 after purchasing an additional 58 shares during the period. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at about $29,000. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at about $31,000. Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF during the second quarter worth about $33,000. Finally, Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $45,000. 28.92% of the stock is owned by institutional investors.

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.