Vanguard Total Stock Market ETF (NYSEARCA:VTI) Stock Price Breaks Above 50 Day Moving Average – Here’s What Happened

Vanguard Total Stock Market ETF (NYSEARCA:VTI)’s share price crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $377.57 and traded as high as $378.54. Vanguard Total Stock Market ETF shares last traded at $377.92, with a volume of 2,360,326 shares changing hands.

Vanguard Total Stock Market ETF Trading Up 0.6%

The stock’s fifty day moving average price is $377.57 and its 200 day moving average price is $358.70. The stock has a market cap of $696.05 billion, a P/E ratio of 24.26 and a beta of 1.01.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of VTI. Essential Investment Partners LLC boosted its stake in Vanguard Total Stock Market ETF by 3,900.0% during the third quarter. Essential Investment Partners LLC now owns 160 shares of the ETF’s stock worth $60,000 after acquiring an additional 156 shares in the last quarter. BOKF NA increased its stake in shares of Vanguard Total Stock Market ETF by 2.3% during the third quarter. BOKF NA now owns 43,399 shares of the ETF’s stock valued at $16,242,000 after purchasing an additional 965 shares in the last quarter. True Link Financial Advisors LLC increased its stake in shares of Vanguard Total Stock Market ETF by 2.8% during the third quarter. True Link Financial Advisors LLC now owns 2,555 shares of the ETF’s stock valued at $956,000 after purchasing an additional 69 shares in the last quarter. SpringVest Wealth Management LLC increased its stake in shares of Vanguard Total Stock Market ETF by 38.2% during the third quarter. SpringVest Wealth Management LLC now owns 1,633 shares of the ETF’s stock valued at $611,000 after purchasing an additional 451 shares in the last quarter. Finally, Financial Insights Inc. lifted its holdings in shares of Vanguard Total Stock Market ETF by 8.8% during the third quarter. Financial Insights Inc. now owns 9,830 shares of the ETF’s stock valued at $3,679,000 after purchasing an additional 795 shares during 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.