M&T Bank Corp Decreases Position in Vanguard Industrials ETF $VIS

M&T Bank Corp cut its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 19.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,434 shares of the company’s stock after selling 13,062 shares during the period. M&T Bank Corp owned 0.26% of Vanguard Industrials ETF worth $15,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter valued at $46,000. Cardiff Park Advisors LLC raised its stake in shares of Vanguard Industrials ETF by 44.3% in the third quarter. Cardiff Park Advisors LLC now owns 166 shares of the company’s stock valued at $49,000 after acquiring an additional 51 shares during the period. Barrett & Company Inc. raised its stake in shares of Vanguard Industrials ETF by 42.0% in the third quarter. Barrett & Company Inc. now owns 169 shares of the company’s stock valued at $50,000 after acquiring an additional 50 shares during the period. eCIO Inc. purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter valued at $54,000. Finally, Paladin Advisory Group LLC purchased a new stake in shares of Vanguard Industrials ETF in the third quarter valued at $60,000.

Vanguard Industrials ETF Trading Up 1.4%

Shares of VIS opened at $338.90 on Friday. Vanguard Industrials ETF has a twelve month low of $237.95 and a twelve month high of $345.71. The company has a market cap of $7.68 billion, a P/E ratio of 23.72 and a beta of 1.07. The company’s fifty day simple moving average is $328.18 and its 200-day simple moving average is $313.05.

Vanguard Industrials ETF 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).