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

Vanguard Industrials ETF (NYSEARCA:VIS) shares reached a new 52-week high during trading on Monday . The stock traded as high as $345.20 and last traded at $345.3370, with a volume of 77797 shares traded. The stock had previously closed at $341.85.

Vanguard Industrials ETF Stock Up 0.9%

The firm has a market capitalization of $7.35 billion, a price-to-earnings ratio of 23.72 and a beta of 1.11. The company has a fifty day moving average price of $322.40 and a two-hundred day moving average price of $304.31.

Institutional Trading of Vanguard Industrials ETF

A number of large investors have recently bought and sold shares of the business. HB Wealth Management LLC grew its holdings in Vanguard Industrials ETF by 129.0% in the third quarter. HB Wealth Management LLC now owns 5,399 shares of the company’s stock valued at $1,600,000 after purchasing an additional 3,041 shares during the last quarter. Avantax Planning Partners Inc. boosted its position in shares of Vanguard Industrials ETF by 198.9% in the 3rd quarter. Avantax Planning Partners Inc. now owns 4,917 shares of the company’s stock worth $1,457,000 after buying an additional 3,272 shares in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in shares of Vanguard Industrials ETF in the 3rd quarter worth about $696,000. Compass Financial Group INC SD grew its stake 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 valued at $41,108,000 after acquiring an additional 2,846 shares during the last quarter. Finally, Hershey Financial Advisers LLC purchased a new position in Vanguard Industrials ETF during the 2nd quarter valued at about $1,741,000.

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).