Vanguard Industrials ETF (NYSEARCA:VIS) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) saw strong trading volume on Thursday . 114,756 shares were traded during mid-day trading, an increase of 32% from the previous session’s volume of 86,862 shares.The stock last traded at $311.5150 and had previously closed at $307.80.

Vanguard Industrials ETF Stock Up 1.0%

The stock has a market capitalization of $6.62 billion, a P/E ratio of 23.72 and a beta of 1.11. The company has a 50-day moving average price of $297.97 and a two-hundred day moving average price of $293.11.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Register Financial Advisors LLC purchased a new stake in shares of Vanguard Industrials ETF in the second quarter worth $25,000. Caldwell Trust Co bought a new stake in shares of Vanguard Industrials ETF during the 2nd quarter valued at about $38,000. Front Row Advisors LLC boosted its position in shares of Vanguard Industrials ETF by 40.0% during the 2nd quarter. Front Row Advisors LLC now owns 140 shares of the company’s stock valued at $39,000 after acquiring an additional 40 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Vanguard Industrials ETF during the second quarter worth about $40,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Industrials ETF during the second quarter worth about $42,000.

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).