Shares of Vanguard Industrials ETF (NYSEARCA:VIS – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $356.42 and last traded at $355.87, with a volume of 43617 shares changing hands. The stock had previously closed at $353.56.
Vanguard Industrials ETF Stock Performance
The firm’s fifty day moving average is $338.99 and its two-hundred day moving average is $325.66. The company has a market cap of $8.06 billion, a P/E ratio of 23.72 and a beta of 1.04.
Institutional Investors Weigh In On Vanguard Industrials ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Western Wealth Management LLC lifted its stake in shares of Vanguard Industrials ETF by 1.4% during the 1st quarter. Western Wealth Management LLC now owns 3,781 shares of the company’s stock worth $1,180,000 after purchasing an additional 53 shares during the last quarter. FAS Wealth Partners Inc. purchased a new position in Vanguard Industrials ETF in the 1st quarter valued at about $42,000. NewEdge Advisors LLC lifted its stake in shares of Vanguard Industrials ETF by 123.7% in the first quarter. NewEdge Advisors LLC now owns 8,378 shares of the company’s stock worth $2,616,000 after buying an additional 4,632 shares in the last quarter. Royal Fund Management LLC boosted its position in shares of Vanguard Industrials ETF by 6.5% during the 1st quarter. Royal Fund Management LLC now owns 8,890 shares of the company’s stock valued at $2,793,000 after acquiring an additional 543 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Vanguard Industrials ETF by 0.3% in the first quarter. Bank of America Corp DE now owns 3,925,230 shares of the company’s stock valued at $1,225,535,000 after purchasing an additional 12,883 shares during the period.
Vanguard Industrials ETF Company Profile
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).
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