Vanguard Total Stock Market ETF (NYSEARCA:VTI) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Total Stock Market ETF (NYSEARCA:VTI) shares saw strong trading volume on Monday . 9,509,513 shares traded hands during mid-day trading, an increase of 214% from the previous session’s volume of 3,031,725 shares.The stock last traded at $281.74 and had previously closed at $282.75.

Vanguard Total Stock Market ETF Stock Up 0.7 %

The company’s 50-day simple moving average is $274.12 and its 200 day simple moving average is $266.35. The stock has a market capitalization of $426.75 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

Hedge funds have recently bought and sold shares of the company. Timber Creek Capital Management LLC bought a new position in shares of Vanguard Total Stock Market ETF during the 2nd quarter worth about $25,000. Clean Yield Group lifted its position in shares of Vanguard Total Stock Market ETF by 12,400.0% in the 1st quarter. Clean Yield Group now owns 125 shares of the company’s stock worth $32,000 after acquiring an additional 124 shares during the period. Wetzel Investment Advisors Inc. lifted its position in shares of Vanguard Total Stock Market ETF by 376.0% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 119 shares of the company’s stock worth $32,000 after acquiring an additional 94 shares during the period. WR Wealth Planners LLC grew its holdings in shares of Vanguard Total Stock Market ETF by 53.8% during the 2nd quarter. WR Wealth Planners LLC now owns 123 shares of the company’s stock worth $33,000 after purchasing an additional 43 shares in the last quarter. Finally, Mattson Financial Services LLC bought a new stake in shares of Vanguard Total Stock Market ETF during the second quarter valued at approximately $34,000.

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.