VTI ETF Rises Amid Broad Market Rally as Investors Bet on Fed Policy Shift
Vanguard's Total Stock Market ETF (VTI) climbed 0.61% on Friday, mirroring gains across major indices as the Nasdaq Composite advanced 1.15% and the S&P 500 ROSE 0.79%. The fund has gained 1.24% over the past week and 16.2% year-to-date, buoyed by improving inflation data that strengthened expectations for Federal Reserve rate cuts.
Trading volumes remain robust with 4.07 million shares changing hands daily on average, while the ETF saw $729 million in net inflows over five sessions. Analysts maintain a Moderate Buy rating with a $375.96 price target implying 12.66% upside potential.
The fund's tech-heavy portfolio continues to drive performance, with Nvidia (6.69%), Microsoft (5.98%) and Apple (5.87%) comprising its top holdings. Market optimism appears justified as the PCE index - the Fed's preferred inflation gauge - showed cooling price pressures.
