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Vanguard Total Stock Mkt Idx Instl Pls (VSMPX) stock surged +1.56%, trading at $254.70 on NASDAQ, up from the previous close of $250.78. The stock opened at $254.70, fluctuating between $254.70 and $254.70 in the recent session.
The fund employs an indexing investment approach designed to track the performance of the index, which represents approximately 100% of the investable U.S. stock market and includes large-, mid-, small-, and micro-cap stocks. It invests by sampling the index, meaning that it holds a broadly diversified collection of securities that, in the aggregate, approximates the full index in terms of key characteristics.
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