Vanguard Industrials ETF (NYSEARCA:VIS) Sees Large Volume Increase – Here’s What Happened

Vanguard Industrials ETF (NYSEARCA:VIS) shares saw unusually-high trading volume on Thursday . Approximately 114,756 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 86,862 shares.The stock last traded at $311.5150 and had previously closed at $307.80.

Vanguard Industrials ETF Trading Up 1.3%

The stock has a market cap of $6.70 billion, a P/E ratio of 23.72 and a beta of 1.11. The stock’s 50-day moving average is $298.48 and its 200-day moving average is $293.51.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Lodestar Private Asset Management LLC purchased a new stake in shares of Vanguard Industrials ETF in the second quarter worth approximately $239,000. Endeavor Private Wealth Inc. purchased a new position in Vanguard Industrials ETF during the third quarter valued at approximately $696,000. Wealth Enhancement Advisory Services LLC increased its stake 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 buying an additional 23,367 shares during the period. Compass Financial Group INC SD lifted its position in Vanguard Industrials ETF by 2.1% in the 3rd quarter. Compass Financial Group INC SD now owns 138,744 shares of the company’s stock worth $41,108,000 after buying an additional 2,846 shares in the last quarter. Finally, Quantum Financial Advisors LLC purchased a new stake in Vanguard Industrials ETF in the 2nd quarter worth approximately $307,000.

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).