6,514 Shares in Vanguard Industrials ETF $VIS Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in Vanguard Industrials ETF (NYSEARCA:VIS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,514 shares of the company’s stock, valued at approximately $2,088,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VIS. Next Level Wealth Planning LLC bought a new stake in shares of Vanguard Industrials ETF during the third quarter valued at approximately $33,000. SilverOak Wealth Management LLC lifted its holdings in shares of Vanguard Industrials ETF by 2.7% in the third quarter. SilverOak Wealth Management LLC now owns 1,187 shares of the company’s stock worth $380,000 after buying an additional 31 shares in the last quarter. Welch Group LLC purchased a new position in shares of Vanguard Industrials ETF in the third quarter worth $278,000. Founders Financial Securities LLC bought a new position in shares of Vanguard Industrials ETF during the third quarter worth $614,000. Finally, United Asset Strategies Inc. bought a new position in shares of Vanguard Industrials ETF during the third quarter worth $575,000.

Vanguard Industrials ETF Stock Performance

VIS opened at $328.54 on Wednesday. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of 23.72 and a beta of 1.04. The company has a fifty day moving average of $326.58 and a 200 day moving average of $334.92. Vanguard Industrials ETF has a fifty-two week low of $282.03 and a fifty-two week high of $362.21.

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).