Vanguard Total Stock Market ETF (NYSEARCA:VTI) Hits New 12-Month High – Still a Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $371.20 and last traded at $370.31, with a volume of 897632 shares changing hands. The stock had previously closed at $369.36.

Vanguard Total Stock Market ETF Stock Up 0.6%

The firm has a market capitalization of $649.25 billion, a PE ratio of 24.26 and a beta of 1.01. The stock has a 50-day moving average price of $344.69 and a 200 day moving average price of $339.45.

Institutional Trading of Vanguard Total Stock Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Core Wealth Advisors LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $30,000. Hilton Head Capital Partners LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $31,000. Wealth Watch Advisors INC purchased a new stake in shares of Vanguard Total Stock Market ETF in the third quarter valued at approximately $31,000. Basepoint Wealth LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $32,000. Finally, Torren Management LLC purchased a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at approximately $36,000. 28.92% of the stock is currently owned by hedge funds and other 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.