Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sets New 1-Year High – Here’s What Happened
by Renee Jackson · The Cerbat GemVanguard Total Stock Market ETF (NYSEARCA:VTI – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $351.74 and last traded at $349.17, with a volume of 1404163 shares changing hands. The stock had previously closed at $350.21.
Vanguard Total Stock Market ETF Price Performance
The firm’s 50 day moving average is $333.27 and its two-hundred day moving average is $334.64. The firm has a market capitalization of $611.17 billion, a P/E ratio of 24.26 and a beta of 1.01.
Hedge Funds Weigh In On Vanguard Total Stock Market ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Gould Asset Management LLC CA grew its stake in shares of Vanguard Total Stock Market ETF by 2.6% in the third quarter. Gould Asset Management LLC CA now owns 1,185 shares of the company’s stock valued at $389,000 after buying an additional 30 shares in the last quarter. Abbot Financial Management Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 2.1% in the third quarter. Abbot Financial Management Inc. now owns 1,436 shares of the company’s stock valued at $471,000 after buying an additional 30 shares in the last quarter. Finward Bancorp grew its stake in shares of Vanguard Total Stock Market ETF by 3.7% in the fourth quarter. Finward Bancorp now owns 841 shares of the company’s stock valued at $282,000 after buying an additional 30 shares in the last quarter. Boyum Wealth Architects LLC grew its stake 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 company’s stock valued at $3,969,000 after buying an additional 30 shares in the last quarter. Finally, Financial Perspectives Inc grew its stake in shares of Vanguard Total Stock Market ETF by 1.3% in the fourth quarter. Financial Perspectives Inc now owns 2,387 shares of the company’s stock valued at $800,000 after buying an additional 30 shares in the last quarter. 28.92% of the stock is 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.