Kovack Advisors Inc. Takes $203,000 Position in Vanguard Industrials ETF $VIS

Kovack Advisors Inc. purchased a new stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 726 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. D.A. Davidson & CO. increased its position in shares of Vanguard Industrials ETF by 1.4% during the first quarter. D.A. Davidson & CO. now owns 6,794 shares of the company’s stock worth $1,682,000 after acquiring an additional 95 shares in the last quarter. Capital Investment Advisory Services LLC increased its holdings in Vanguard Industrials ETF by 746.4% during the 1st quarter. Capital Investment Advisory Services LLC now owns 584 shares of the company’s stock worth $145,000 after purchasing an additional 515 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard Industrials ETF by 9.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 380,196 shares of the company’s stock worth $94,118,000 after purchasing an additional 32,612 shares in the last quarter. Financial Counselors Inc. increased its holdings in Vanguard Industrials ETF by 8.5% during the 1st quarter. Financial Counselors Inc. now owns 942 shares of the company’s stock worth $233,000 after purchasing an additional 74 shares in the last quarter. Finally, Fullcircle Wealth LLC bought a new stake in Vanguard Industrials ETF during the 1st quarter worth approximately $1,069,000.

Vanguard Industrials ETF Stock Performance

Shares of VIS opened at $299.13 on Tuesday. The stock has a 50 day moving average price of $294.57 and a two-hundred day moving average price of $281.51. Vanguard Industrials ETF has a 52 week low of $213.26 and a 52 week high of $303.51. The firm has a market capitalization of $6.36 billion, a P/E ratio of 23.72 and a beta of 1.11.

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).