Vanguard Industrials ETF (NYSEARCA:VIS) Sets New 52-Week High – What’s Next?

Vanguard Industrials ETF (NYSEARCA:VIS)’s stock price hit a new 52-week high on Monday . The company traded as high as $336.59 and last traded at $336.8050, with a volume of 16384 shares changing hands. The stock had previously closed at $335.64.

Vanguard Industrials ETF Stock Performance

The company’s 50-day moving average is $312.02 and its 200-day moving average is $299.73. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 23.72 and a beta of 1.11.

Institutional Trading of Vanguard Industrials ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VIS. NewEdge Advisors LLC lifted its holdings in Vanguard Industrials ETF by 7.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,392 shares of the company’s stock worth $345,000 after buying an additional 99 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Industrials ETF by 141.6% during the first quarter. Goldman Sachs Group Inc. now owns 38,808 shares of the company’s stock valued at $9,607,000 after acquiring an additional 22,746 shares during the period. Jane Street Group LLC boosted its holdings in Vanguard Industrials ETF by 244.0% in the first quarter. Jane Street Group LLC now owns 10,393 shares of the company’s stock valued at $2,573,000 after acquiring an additional 7,372 shares during the last quarter. Focus Partners Wealth increased its position in Vanguard Industrials ETF by 14.3% in the first quarter. Focus Partners Wealth now owns 1,385 shares of the company’s stock worth $343,000 after purchasing an additional 173 shares during the period. Finally, Johnson Investment Counsel Inc. increased its position in Vanguard Industrials ETF by 38.4% in the second quarter. Johnson Investment Counsel Inc. now owns 10,028 shares of the company’s stock worth $2,809,000 after purchasing an additional 2,784 shares during the period.

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).