Vanguard Industrials ETF (NYSEARCA:VIS) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Industrials ETF (NYSEARCA:VIS) saw unusually-high trading volume on Wednesday . Approximately 363,169 shares changed hands during mid-day trading, an increase of 378% from the previous session’s volume of 75,920 shares.The stock last traded at $262.51 and had previously closed at $260.04.

Vanguard Industrials ETF Stock Performance

The stock has a market cap of $5.81 billion, a P/E ratio of 24.56 and a beta of 0.99. The stock has a 50-day moving average price of $266.22 and a 200-day moving average price of $255.61.

Institutional Trading of Vanguard Industrials ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Citizens Financial Group Inc. RI purchased a new position in shares of Vanguard Industrials ETF during the 2nd quarter valued at about $293,000. Blair William & Co. IL grew its position in Vanguard Industrials ETF by 21.4% during the second quarter. Blair William & Co. IL now owns 22,469 shares of the company’s stock valued at $5,285,000 after acquiring an additional 3,962 shares during the last quarter. Fairscale Capital LLC bought a new position in Vanguard Industrials ETF during the second quarter valued at approximately $64,000. Trinity Legacy Partners LLC raised its stake in shares of Vanguard Industrials ETF by 3.5% during the second quarter. Trinity Legacy Partners LLC now owns 36,744 shares of the company’s stock worth $8,643,000 after acquiring an additional 1,227 shares in the last quarter. Finally, Elevation Capital Advisory LLC bought a new stake in shares of Vanguard Industrials ETF in the 2nd quarter worth approximately $458,000.

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).