Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 12-Month High – What’s Next?

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) hit a new 52-week high during trading 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 Performance

The company has a market capitalization of $582.88 billion, a P/E ratio of 24.26 and a beta of 1.02. The stock’s fifty day moving average price is $337.76 and its 200-day moving average price is $327.78.

Institutional Trading of Vanguard Total Stock Market ETF

A number of hedge funds have recently modified their holdings of VTI. MJT & Associates Financial Advisory Group Inc. boosted its holdings in shares of Vanguard Total Stock Market ETF by 165.7% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after acquiring an additional 58 shares during the period. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Total Stock Market ETF in the second quarter valued at about $29,000. Wealth Watch Advisors INC acquired a new stake in Vanguard Total Stock Market ETF in the 3rd quarter worth about $31,000. Strategic Wealth Investment Group LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $33,000. Finally, Anfield Capital Management LLC bought a new stake in Vanguard Total Stock Market ETF in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 28.92% of the company’s stock.

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.