Vanguard Institutional Total Stock Market Index Fund Institutional Shares
VITNX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- PO Box 2600 Valley Forge PA United States of America 19482
- IPO Date
- Aug 31, 2001
- CIK
- 0000862084
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Institutional Total Stock Market Index Fund Institutional Shares (VITNX) is an open-end mutual fund that employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, which represents nearly 100% of the investable U.S. stock market, including large-, mid-, small-, and micro-cap stocks traded on the New York Stock Exchange and NASDAQ. The fund achieves this objective by sampling the index through a broadly diversified collection of securities that approximates the full index in key characteristics such as industry weightings, market capitalization, price/earnings ratios, and dividend yields; it maintains a low expense ratio of 0.03%, a turnover rate of 3.9%, and total net assets of approximately $1.8 billion as of recent data. Sector allocations emphasize technology at 38%, consumer discretionary at 14.3%, industrials at 12.2%, financials at 11.3%, and health care at 8.9%, with the top ten holdings—including NVIDIA Corp., Microsoft Corp., Apple Inc., Alphabet Inc., and Amazon.com Inc.—comprising 35.5% of assets. Launched on August 31, 2001, the fund is managed by The Vanguard Group, Inc., headquartered in Malvern, Pennsylvania, and operates within the large-blend category, targeting institutional investors with a minimum initial investment of $5 million. It provides exposure to the overall U.S. equity market through passive management, delivering returns closely aligned with the benchmark, such as 23.77% in 2024 and a ten-year average annual return of 14.69% as of September 30, 2025. In a significant operational change effective via a supplement dated October 25, 2024, the fund revised its diversification policy under the Investment Company Act of 1940, allowing it to continue tracking the target index even if it becomes nondiversified due to index rebalances or market movements, without requiring shareholder approval for such status shifts; this adjustment aims to enhance tracking fidelity amid potential concentrations in mega-cap stocks. Recent portfolio manager updates at Vanguard include Nick Birkett joining as co-manager effective February 18, 2025, alongside Walter Nejman, reflecting ongoing team optimizations across funds, while broader Vanguard developments encompass leadership realignments on multiple index funds in June 2025 and new fund allocations in related products. The fund remains domiciled in the United States, with daily pricing and no reported acquisitions, partnerships, or structural reorganizations specific to VITNX in the last 1-2 years.