Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares
VITPX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- May 31, 2001
- CIK
- 0000862084
- Website
- vanguard.com
- Similar Companies
- Business
- Vanguard Institutional Total Stock Market Index Fund (VITPX) is an open-end mutual fund that employs an indexing investment approach designed to track the performance of the CRSP US Total Market Index, representing nearly 100% of the investable U.S. stock market, including large-, mid-, small-, and micro-cap stocks regularly traded on the New York Stock Exchange and Nasdaq; the fund invests by sampling the index, holding a broadly diversified collection of approximately 3,184 securities that approximate the index's key characteristics, such as industry weightings, market capitalization, price/earnings ratios, and dividend yields. As of September 30, 2025, the fund maintains total net assets of $29.115 billion, an ultralow expense ratio of 0.02%, and a low turnover rate of 3.9%, with primary sector allocations including technology at 38.0%, consumer discretionary at 14.3%, industrials at 12.2%, financials at 11.3%, and health care at 8.9%; its ten largest holdings, comprising 35.5% of assets, feature NVIDIA Corp., Microsoft Corp., Apple Inc., Alphabet Inc., Amazon.com Inc., Meta Platforms Inc., Broadcom Inc., Tesla Inc., Berkshire Hathaway Inc., and JPMorgan Chase & Co. The fund targets institutional investors, offering quarterly dividend distributions and serving as a core equity holding for long-term, low-cost exposure to the broad U.S. equity market. Launched on May 31, 2001, and domiciled in the United States, the fund operates under The Vanguard Group, Inc., headquartered in Malvern, Pennsylvania, with no reported subsidiaries or parent relationships specific to VITPX; it falls within the large blend category, exhibiting a beta of approximately 1.01 and delivering strong historical performance, including a 24.12% one-year total return, 15.69% five-year annualized return, and 14.70% ten-year annualized return as of September 30, 2025. Recent developments include a manager change with Nick Birkett joining co-manager Walter Nejman effective February 18, 2025, alongside sustained tracking accuracy against the benchmark, as evidenced by minimal deviation in annual returns through 2024 (e.g., fund return of 23.77% versus benchmark 23.77% in 2024) and year-to-date performance of 14.37% as of September 30, 2025; the fund has maintained its indexing strategy without major strategic shifts, acquisitions, funding rounds, or product launches in the past 1-2 years, focusing instead on operational efficiency and low-cost structure amid broader U.S. market growth.