In trading on Thursday, shares of the Vanguard Total Stock Market ETF (Symbol: VTI) crossed above their 200-day moving average of $210.91, indicating a potential bullish trend. This technical analysis suggests that the VTI stock has gained momentum and investors may find it favorable for their portfolios.
Vanguard Total Stock Market ETF (VTI) and Vanguard S&P 500 ETF (VOO) are two of more than 80 ETF offerings from Vanguard, an investment management company known for its low expense ratios. VTI is designed to track the performance of the CRSP US Total Market Index, providing investors with exposure to the entire U.S. equity market.
The VTI ETF stands out for its diversified portfolio, owning over 3,800 stocks. This broad exposure allows investors to benefit from the overall growth of the U.S. stock market and mitigates the risks associated with individual stocks. It offers unparalleled diversification, making it an attractive option for long-term investors seeking a balanced approach.