Vanguard Total Stock Market ETF (NYSEARCA:VTI) Hits New 1-Year High – Still a Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s share price hit a new 52-week high on Tuesday . The company traded as high as $376.19 and last traded at $376.10, with a volume of 314331 shares changing hands. The stock had previously closed at $373.84.

Vanguard Total Stock Market ETF Stock Performance

The firm has a fifty day moving average of $368.19 and a 200-day moving average of $350.60. The stock has a market capitalization of $676.92 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Several institutional investors and hedge funds have recently made changes to their positions in VTI. Vanguard Group Inc. lifted its position in Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the ETF’s stock valued at $20,995,293,000 after purchasing an additional 2,291,938 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard Total Stock Market ETF by 0.9% during the 4th quarter. Wealthfront Advisers LLC now owns 18,025,283 shares of the ETF’s stock worth $6,043,337,000 after buying an additional 163,272 shares during the period. Bank of America Corp DE lifted its position in shares of Vanguard Total Stock Market ETF by 0.7% in the 1st quarter. Bank of America Corp DE now owns 14,287,409 shares of the ETF’s stock valued at $4,583,544,000 after acquiring an additional 102,161 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Total Stock Market ETF by 2.0% in the fourth quarter. LPL Financial LLC now owns 14,079,780 shares of the ETF’s stock worth $4,720,528,000 after buying an additional 277,939 shares during the period. Finally, WealthNavi Inc. grew its stake in Vanguard Total Stock Market ETF by 4.4% during the 1st quarter. WealthNavi Inc. now owns 12,935,073 shares of the ETF’s stock valued at $4,149,701,000 after acquiring an additional 540,294 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.