Grimes & Company Inc. Takes Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Grimes & Company Inc. purchased a new stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,401 shares of the company’s stock, valued at approximately $611,000.

A number of other hedge funds also recently made changes to their positions in the business. Stifel Financial Corp raised its holdings in shares of Vanguard Industrials ETF by 6.5% during the third quarter. Stifel Financial Corp now owns 156,487 shares of the company’s stock valued at $40,701,000 after buying an additional 9,575 shares during the last quarter. Raymond James & Associates raised its holdings in Vanguard Industrials ETF by 22.3% during the third quarter. Raymond James & Associates now owns 122,647 shares of the company’s stock worth $31,897,000 after purchasing an additional 22,382 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in Vanguard Industrials ETF by 20.7% during the third quarter. Rockefeller Capital Management L.P. now owns 100,183 shares of the company’s stock worth $26,041,000 after purchasing an additional 17,210 shares in the last quarter. HighTower Advisors LLC raised its holdings in Vanguard Industrials ETF by 3.9% during the third quarter. HighTower Advisors LLC now owns 90,961 shares of the company’s stock worth $23,668,000 after purchasing an additional 3,449 shares in the last quarter. Finally, KCM Investment Advisors LLC raised its holdings in Vanguard Industrials ETF by 1.5% during the third quarter. KCM Investment Advisors LLC now owns 83,282 shares of the company’s stock worth $21,659,000 after purchasing an additional 1,271 shares in the last quarter.

Vanguard Industrials ETF Price Performance

Shares of NYSEARCA:VIS opened at $272.35 on Friday. Vanguard Industrials ETF has a 12 month low of $217.63 and a 12 month high of $280.63. The stock has a market cap of $5.94 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99. The stock’s 50 day moving average price is $265.70 and its 200 day moving average price is $257.20.

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).