Brookstone Capital Management Decreases Position in Vanguard Industrials ETF $VIS

Brookstone Capital Management cut its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 40.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,509 shares of the company’s stock after selling 1,020 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Industrials ETF were worth $423,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VIS. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard Industrials ETF in the 2nd quarter valued at about $109,047,000. Jones Financial Companies Lllp raised its holdings in Vanguard Industrials ETF by 1,426.8% in the 1st quarter. Jones Financial Companies Lllp now owns 61,776 shares of the company’s stock valued at $15,293,000 after acquiring an additional 57,730 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Industrials ETF by 9.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 380,196 shares of the company’s stock valued at $94,118,000 after acquiring an additional 32,612 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Vanguard Industrials ETF by 280.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 31,713 shares of the company’s stock valued at $9,021,000 after acquiring an additional 23,367 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Vanguard Industrials ETF by 141.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 38,808 shares of the company’s stock valued at $9,607,000 after acquiring an additional 22,746 shares during the last quarter.

Vanguard Industrials ETF Trading Up 0.4%

VIS stock opened at $301.69 on Tuesday. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 23.72 and a beta of 1.11. Vanguard Industrials ETF has a 12 month low of $213.26 and a 12 month high of $302.86. The firm has a 50-day moving average of $293.60 and a two-hundred day moving average of $279.00.

About Vanguard Industrials ETF

Vanguard Industrials ETF (the Fund) seeks to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the industrials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies whose businesses are dominated by one of the following activities, the manufacture and distribution of capital goods (including aerospace and defense, construction, engineering and building products, electrical equipment, and industrial machinery); the provision of commercial services and supplies (including printing, employment, environmental, and office services); or the provision of transportation services (including airlines, couriers, marine, road and rail, and transportation infrastructure).