Vanguard Total Stock Market ETF (NYSEARCA:VTI) Hits New 12-Month High – Still a Buy?

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

Vanguard Total Stock Market ETF Stock Up 0.6%

The stock has a 50-day moving average of $344.69 and a 200 day moving average of $339.45. The stock has a market cap of $649.25 billion, a PE ratio of 24.26 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VTI. Auto Owners Insurance Co raised its position in Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock valued at $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. Align Financial LLC purchased a new position in Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $210,276,000. Narodna banka Slovenska purchased a new position in Vanguard Total Stock Market ETF during the first quarter valued at approximately $1,762,447,000. Mercer Global Advisors Inc. ADV raised its position in Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock valued at $655,190,000 after acquiring an additional 3,842,502 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Vanguard Total Stock Market ETF by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock valued at $20,995,293,000 after acquiring an additional 2,291,938 shares in the last quarter. 28.92% of the stock is currently owned by hedge funds and other 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.