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

Vanguard Total Stock Market ETF (NYSEARCA:VTI) shares reached a new 52-week high on Tuesday . The stock traded as high as $340.36 and last traded at $339.5270, with a volume of 2447820 shares trading hands. The stock had previously closed at $338.84.

Vanguard Total Stock Market ETF Trading Up 0.6%

The firm’s 50 day simple moving average is $334.27 and its 200 day simple moving average is $323.35. The firm has a market cap of $575.19 billion, a PE ratio of 24.26 and a beta of 1.02.

Institutional Investors Weigh In On Vanguard Total Stock Market ETF

Several large investors have recently bought and sold shares of the business. Toth Financial Advisory Corp bought a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at approximately $27,000. MJT & Associates Financial Advisory Group Inc. lifted its position in Vanguard Total Stock Market ETF by 165.7% in the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 93 shares of the company’s stock worth $28,000 after buying an additional 58 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in Vanguard Total Stock Market ETF in the second quarter worth $29,000. Wealth Watch Advisors INC purchased a new position in Vanguard Total Stock Market ETF during the third quarter worth $31,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Vanguard Total Stock Market ETF during the second quarter valued at $33,000. Institutional investors own 28.92% of the company’s stock.

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.