Vanguard Total Stock Market ETF (NYSEARCA:VTI) Reaches New 52-Week High – Should You Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $284.48 and last traded at $284.45, with a volume of 1044567 shares trading hands. The stock had previously closed at $282.53.

Vanguard Total Stock Market ETF Trading Up 0.6 %

The stock’s fifty day simple moving average is $274.12 and its 200 day simple moving average is $266.35. The company has a market cap of $426.35 billion, a price-to-earnings ratio of 23.62 and a beta of 1.02.

Institutional Investors Weigh In On Vanguard Total Stock Market ETF

A number of large investors have recently made changes to their positions in the stock. Strategic Financial Concepts LLC lifted its holdings in shares of Vanguard Total Stock Market ETF by 29,053.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 10,264,028 shares of the company’s stock worth $2,745,730,000 after acquiring an additional 10,228,821 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Total Stock Market ETF by 10.3% in the first quarter. Vanguard Group Inc. now owns 42,938,516 shares of the company’s stock valued at $11,159,720,000 after buying an additional 4,024,631 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new stake in shares of Vanguard Total Stock Market ETF in the 2nd quarter valued at $892,895,000. Global Assets Advisory LLC acquired a new position in Vanguard Total Stock Market ETF during the 1st quarter worth about $340,097,000. Finally, Cetera Investment Advisers lifted its stake in Vanguard Total Stock Market ETF by 89.0% during the 1st quarter. Cetera Investment Advisers now owns 2,407,974 shares of the company’s stock worth $625,832,000 after acquiring an additional 1,133,730 shares in the last quarter.

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.