Axiom Financial Strategies LLC Reduces Stake in Vanguard Industrials ETF $VIS

Axiom Financial Strategies LLC lowered its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 49.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,143 shares of the company’s stock after selling 10,754 shares during the quarter. Vanguard Industrials ETF makes up 1.4% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 19th largest position. Axiom Financial Strategies LLC owned about 0.05% of Vanguard Industrials ETF worth $3,302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in VIS. HB Wealth Management LLC lifted its holdings in shares of Vanguard Industrials ETF by 129.0% in the third quarter. HB Wealth Management LLC now owns 5,399 shares of the company’s stock worth $1,600,000 after buying an additional 3,041 shares in the last quarter. Avantax Planning Partners Inc. grew its stake in Vanguard Industrials ETF by 198.9% during the third quarter. Avantax Planning Partners Inc. now owns 4,917 shares of the company’s stock valued at $1,457,000 after acquiring an additional 3,272 shares in the last quarter. Endeavor Private Wealth Inc. bought a new stake in Vanguard Industrials ETF during the 3rd quarter worth approximately $696,000. Compass Financial Group INC SD increased its holdings in Vanguard Industrials ETF by 2.1% during the 3rd quarter. Compass Financial Group INC SD now owns 138,744 shares of the company’s stock worth $41,108,000 after acquiring an additional 2,846 shares during the period. Finally, Hershey Financial Advisers LLC purchased a new stake in Vanguard Industrials ETF in the 2nd quarter worth approximately $1,741,000.

Vanguard Industrials ETF Price Performance

Shares of NYSEARCA:VIS opened at $316.59 on Friday. The firm has a fifty day moving average price of $327.89 and a two-hundred day moving average price of $306.99. The company has a market cap of $6.74 billion, a price-to-earnings ratio of 23.72 and a beta of 1.11. Vanguard Industrials ETF has a one year low of $213.26 and a one year high of $345.71.

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).