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

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) saw unusually-strong trading volume on Monday . Approximately 296,363 shares were traded during mid-day trading, an increase of 261% from the previous session’s volume of 82,056 shares.The stock last traded at $259.01 and had previously closed at $258.73.

Vanguard Industrials ETF Trading Down 0.2 %

The stock’s fifty day moving average is $247.12 and its two-hundred day moving average is $241.69. The firm has a market cap of $5.66 billion, a P/E ratio of 24.56 and a beta of 0.99.

Institutional Investors Weigh In On Vanguard Industrials ETF

Several hedge funds have recently bought and sold shares of VIS. Comerica Bank boosted its holdings in shares of Vanguard Industrials ETF by 6.7% in the 1st quarter. Comerica Bank now owns 9,573 shares of the company’s stock worth $2,337,000 after purchasing an additional 598 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Vanguard Industrials ETF during the first quarter valued at approximately $238,000. Waterloo Capital L.P. bought a new position in Vanguard Industrials ETF during the fourth quarter valued at approximately $286,000. Optimum Investment Advisors raised its stake in shares of Vanguard Industrials ETF by 51.5% during the first quarter. Optimum Investment Advisors now owns 147 shares of the company’s stock worth $36,000 after acquiring an additional 50 shares in the last quarter. Finally, Brookstone Capital Management lifted its holdings in shares of Vanguard Industrials ETF by 48.4% in the 2nd quarter. Brookstone Capital Management now owns 2,794 shares of the company’s stock worth $686,000 after acquiring an additional 911 shares during the last quarter.

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).