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

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $342.95 and last traded at $342.9320, with a volume of 4081712 shares. The stock had previously closed at $342.40.

Vanguard Total Stock Market ETF Stock Up 0.2%

The firm has a market cap of $584.14 billion, a price-to-earnings ratio of 24.26 and a beta of 1.02. The stock’s 50 day moving average is $334.64 and its 200 day moving average is $324.59.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Heck Capital Advisors LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter worth $150,448,000. Jones Financial Companies Lllp boosted its position in Vanguard Total Stock Market ETF by 22.0% during the 1st quarter. Jones Financial Companies Lllp now owns 418,272 shares of the company’s stock worth $114,452,000 after acquiring an additional 75,393 shares during the period. Private Client Services LLC boosted its position in Vanguard Total Stock Market ETF by 10.4% during the 2nd quarter. Private Client Services LLC now owns 1,438 shares of the company’s stock worth $437,000 after acquiring an additional 135 shares during the period. TrueWealth Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 3.4% in the 2nd quarter. TrueWealth Advisors LLC now owns 1,343 shares of the company’s stock valued at $408,000 after purchasing an additional 44 shares during the period. Finally, Whitcomb & Hess Inc. increased its holdings in shares of Vanguard Total Stock Market ETF by 2.3% in the 2nd quarter. Whitcomb & Hess Inc. now owns 1,949 shares of the company’s stock valued at $592,000 after purchasing an additional 44 shares during the period. Institutional investors and hedge funds 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.