Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 52-Week High – Here’s What Happened

Shares of Vanguard Total Stock Market ETF (NYSEARCA:VTI) hit a new 52-week high on Wednesday . The company traded as high as $344.65 and last traded at $344.63, with a volume of 2710634 shares. The stock had previously closed at $342.65.

Vanguard Total Stock Market ETF Price Performance

The firm has a market capitalization of $602.02 billion, a P/E ratio of 24.26 and a beta of 1.01. The stock has a fifty day simple moving average of $332.23 and a two-hundred day simple moving average of $333.85.

Institutional Investors Weigh In On Vanguard Total Stock Market ETF

A number of hedge funds have recently added to or reduced their stakes in the business. J. Derek Lewis & Associates Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $739,000. Purpose Unlimited Inc. bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $7,793,000. Painted Porch Advisors LLC increased its holdings in shares of Vanguard Total Stock Market ETF by 0.3% during the fourth quarter. Painted Porch Advisors LLC now owns 22,720 shares of the company’s stock valued at $7,617,000 after acquiring an additional 67 shares in the last quarter. Carter Financial LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the fourth quarter valued at approximately $27,022,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of Vanguard Total Stock Market ETF by 11.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,068,311 shares of the company’s stock valued at $358,173,000 after acquiring an additional 112,734 shares in the last quarter. 28.92% of the stock is currently 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.