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

Vanguard Total Stock Market ETF (NYSEARCA:VTI) reached a new 52-week high during trading on Thursday . The stock traded as high as $383.85 and last traded at $383.79, with a volume of 290539 shares trading hands. The stock had previously closed at $381.83.

Vanguard Total Stock Market ETF Trading Up 0.8%

The stock has a market cap of $690.02 billion, a P/E ratio of 24.26 and a beta of 1.01. The company’s 50 day moving average price is $369.45 and its two-hundred day moving average price is $352.60.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VTI. Howard Financial Services LTD. raised its position in shares of Vanguard Total Stock Market ETF by 0.3% during the 2nd quarter. Howard Financial Services LTD. now owns 11,079 shares of the ETF’s stock worth $4,100,000 after buying an additional 28 shares in the last quarter. Boyum Wealth Architects LLC boosted its holdings in shares of Vanguard Total Stock Market ETF by 0.3% in the fourth quarter. Boyum Wealth Architects LLC now owns 11,653 shares of the ETF’s stock valued at $3,969,000 after acquiring an additional 30 shares in the last quarter. Financial Perspectives Inc increased its stake in shares of Vanguard Total Stock Market ETF by 1.3% during the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the ETF’s stock valued at $800,000 after acquiring an additional 30 shares during the period. Van Hulzen Asset Management LLC increased its stake in shares of Vanguard Total Stock Market ETF by 1.1% during the fourth quarter. Van Hulzen Asset Management LLC now owns 2,749 shares of the ETF’s stock valued at $922,000 after acquiring an additional 30 shares during the period. Finally, Alteri Wealth LLC increased its stake in shares of Vanguard Total Stock Market ETF by 2.7% during the fourth quarter. Alteri Wealth LLC now owns 1,132 shares of the ETF’s stock valued at $380,000 after acquiring an additional 30 shares during the period. 28.92% of the stock is currently owned by 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.