Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 12-Month High – Here’s Why

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) hit a new 52-week high on Tuesday . The company traded as high as $357.15 and last traded at $357.10, with a volume of 1948762 shares changing hands. The stock had previously closed at $353.98.

Vanguard Total Stock Market ETF Stock Performance

The stock has a fifty day simple moving average of $334.99 and a two-hundred day simple moving average of $335.67. The stock has a market cap of $623.74 billion, a price-to-earnings ratio of 24.26 and a beta of 1.01.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Core Wealth Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $30,000. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $31,000. Wealth Watch Advisors INC bought a new position in shares of Vanguard Total Stock Market ETF in the 3rd quarter valued at $31,000. Basepoint Wealth LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 4th quarter valued at $32,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $33,000. 28.92% of the stock is currently owned by institutional investors.

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.