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 Friday . The stock traded as high as $303.79 and last traded at $303.40, with a volume of 675438 shares changing hands. The stock had previously closed at $301.94.

Vanguard Total Stock Market ETF Price Performance

The firm’s 50-day moving average is $286.45 and its 200-day moving average is $286.31. The company has a market capitalization of $496.65 billion, a P/E ratio of 24.26 and a beta of 1.02.

Hedge Funds Weigh In On Vanguard Total Stock Market ETF

Hedge funds have recently modified their holdings of the company. Wealth Preservation Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the first quarter worth approximately $26,000. Mountain Hill Investment Partners Corp. bought a new position in shares of Vanguard Total Stock Market ETF in the fourth quarter worth approximately $29,000. Citizens National Bank Trust Department bought a new position in shares of Vanguard Total Stock Market ETF in the first quarter worth approximately $34,000. Knuff & Co LLC bought a new position in shares of Vanguard Total Stock Market ETF in the first quarter worth approximately $37,000. Finally, HFM Investment Advisors LLC bought a new position in shares of Vanguard Total Stock Market ETF in the first quarter worth approximately $37,000. 28.92% of the stock is currently owned by institutional investors.

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.