Vanguard Industrials ETF (NYSEARCA:VIS) Sees Strong Trading Volume

Vanguard Industrials ETF (NYSEARCA:VIS) shares saw strong trading volume on Wednesday . 307,049 shares were traded during mid-day trading, an increase of 272% from the previous session’s volume of 82,626 shares.The stock last traded at $249.01 and had previously closed at $248.63.

Vanguard Industrials ETF Stock Down 0.1 %

The firm has a market capitalization of $5.41 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99. The stock’s 50-day moving average price is $240.35 and its 200 day moving average price is $238.20.

Institutional Trading of Vanguard Industrials ETF

Several hedge funds have recently made changes to their positions in the company. Beacon Capital Management Inc. raised its holdings in Vanguard Industrials ETF by 210.7% in the 1st quarter. Beacon Capital Management Inc. now owns 713,788 shares of the company’s stock valued at $172,787,000 after buying an additional 484,087 shares during the period. Wulff Hansen & CO. raised its stake in shares of Vanguard Industrials ETF by 23,422.0% in the 2nd quarter. Wulff Hansen & CO. now owns 279,912 shares of the company’s stock valued at $65,841,000 after acquiring an additional 278,722 shares during the period. Strategic Financial Concepts LLC acquired a new position in shares of Vanguard Industrials ETF in the 2nd quarter worth approximately $30,527,000. Cetera Investment Advisers lifted its holdings in shares of Vanguard Industrials ETF by 800.9% in the 1st quarter. Cetera Investment Advisers now owns 144,114 shares of the company’s stock worth $35,186,000 after acquiring an additional 128,117 shares during the last quarter. Finally, Capital Advantage Inc. purchased a new position in shares of Vanguard Industrials ETF during the 2nd quarter worth approximately $12,633,000.

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).