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

Vanguard Total Stock Market ETF (NYSEARCA:VTI) reached a new 52-week high on Friday . The stock traded as high as $368.30 and last traded at $367.93, with a volume of 1726660 shares trading hands. The stock had previously closed at $365.09.

Vanguard Total Stock Market ETF Trading Up 0.7%

The firm has a market capitalization of $642.22 billion, a P/E ratio of 24.26 and a beta of 1.01. The firm has a 50 day moving average price of $341.58 and a 200-day moving average price of $338.45.

Institutional Trading of Vanguard Total Stock Market ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co grew its stake in shares of Vanguard Total Stock Market ETF by 58,332.8% during the fourth quarter. Auto Owners Insurance Co now owns 12,270,882 shares of the company’s stock valued at $4,114,059,000 after acquiring an additional 12,249,882 shares in the last quarter. Align Financial LLC acquired a new stake in shares of Vanguard Total Stock Market ETF in the fourth quarter valued at about $210,276,000. Narodna banka Slovenska bought a new stake in shares of Vanguard Total Stock Market ETF during the first quarter valued at approximately $1,762,447,000. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard Total Stock Market ETF by 208.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,997,096 shares of the company’s stock worth $655,190,000 after acquiring an additional 3,842,502 shares during the period. Finally, Vanguard Group Inc. raised its stake in Vanguard Total Stock Market ETF by 3.8% in the 4th quarter. Vanguard Group Inc. now owns 62,622,049 shares of the company’s stock worth $20,995,293,000 after purchasing an additional 2,291,938 shares in the last quarter. 28.92% of the stock is 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.