Vanguard Industrials ETF (NYSEARCA:VIS) Reaches New 52-Week High – Here’s What Happened

Vanguard Industrials ETF (NYSEARCA:VIS)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $327.02 and last traded at $325.9650, with a volume of 15541 shares changing hands. The stock had previously closed at $324.40.

Vanguard Industrials ETF Stock Performance

The firm has a market cap of $6.97 billion, a P/E ratio of 23.72 and a beta of 1.11. The company’s 50 day moving average is $307.57 and its 200 day moving average is $297.98.

Institutional Investors Weigh In On Vanguard Industrials ETF

Several hedge funds have recently modified their holdings of the company. Caldwell Trust Co bought a new position in Vanguard Industrials ETF in the second quarter valued at about $38,000. Front Row Advisors LLC increased its stake in shares of Vanguard Industrials ETF by 40.0% in the second quarter. Front Row Advisors LLC now owns 140 shares of the company’s stock valued at $39,000 after buying an additional 40 shares during the period. Atlantic Union Bankshares Corp bought a new position in Vanguard Industrials ETF in the 2nd quarter valued at approximately $40,000. Evolution Wealth Management Inc. acquired a new stake in Vanguard Industrials ETF during the 2nd quarter worth approximately $42,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Vanguard Industrials ETF during the 4th quarter worth approximately $46,000.

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).