Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sets New 1-Year High – Time to Buy?

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) hit a new 52-week high on Wednesday . The stock traded as high as $339.59 and last traded at $338.73, with a volume of 5265229 shares traded. The stock had previously closed at $336.23.

Vanguard Total Stock Market ETF Stock Performance

The company has a 50 day moving average of $331.47 and a two-hundred day moving average of $317.47. The stock has a market capitalization of $564.90 billion, a PE ratio of 24.26 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Several hedge funds have recently modified their holdings of VTI. Gallagher Fiduciary Advisors LLC increased its stake in Vanguard Total Stock Market ETF by 30,685.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 150,330,714 shares of the company’s stock valued at $45,690,014,000 after purchasing an additional 149,842,394 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Stock Market ETF by 2.7% during the third quarter. Vanguard Group Inc. now owns 60,330,111 shares of the company’s stock valued at $19,798,531,000 after buying an additional 1,561,779 shares during the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of Vanguard Total Stock Market ETF during the third quarter valued at $15,530,622,000. Betterment LLC increased its position in shares of Vanguard Total Stock Market ETF by 0.8% in the 2nd quarter. Betterment LLC now owns 26,303,687 shares of the company’s stock valued at $7,994,480,000 after acquiring an additional 209,074 shares during the period. Finally, Wealthfront Advisers LLC raised its stake in Vanguard Total Stock Market ETF by 3.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 17,862,011 shares of the company’s stock worth $5,861,776,000 after acquiring an additional 666,450 shares during the last quarter. 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.