Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sets New 1-Year High – Time to Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $292.26 and last traded at $292.19, with a volume of 146324 shares. The stock had previously closed at $285.30.

Vanguard Total Stock Market ETF Price Performance

The stock has a 50-day moving average price of $282.09 and a 200 day moving average price of $271.36. The firm has a market cap of $445.10 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC lifted its stake in Vanguard Total Stock Market ETF by 29,053.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock valued at $2,745,730,000 after buying an additional 10,228,821 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 10.3% during the 1st quarter. Vanguard Group Inc. now owns 42,938,516 shares of the company’s stock worth $11,159,720,000 after buying an additional 4,024,631 shares during the last quarter. State of New Jersey Common Pension Fund D acquired a new stake in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth $892,895,000. Cetera Investment Advisers increased its holdings in Vanguard Total Stock Market ETF by 89.0% in the 1st quarter. Cetera Investment Advisers now owns 2,407,974 shares of the company’s stock valued at $625,832,000 after purchasing an additional 1,133,730 shares in the last quarter. Finally, Miramar Fiduciary Corp increased its holdings in Vanguard Total Stock Market ETF by 3,670.0% in the 2nd quarter. Miramar Fiduciary Corp now owns 1,082,356 shares of the company’s stock valued at $289,541,000 after purchasing an additional 1,053,646 shares in the last quarter.

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.