Riverbridge Partners LLC Acquires New Stake in Vanguard Industrials ETF $VIS

Riverbridge Partners LLC bought a new stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,823 shares of the company’s stock, valued at approximately $584,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VIS. Lido Advisors LLC grew its position in Vanguard Industrials ETF by 8.0% in the third quarter. Lido Advisors LLC now owns 121,765 shares of the company’s stock worth $39,027,000 after acquiring an additional 8,969 shares in the last quarter. Keybank National Association OH bought a new position in Vanguard Industrials ETF in the third quarter valued at $325,000. Narwhal Capital Management purchased a new stake in Vanguard Industrials ETF during the third quarter valued at about $897,000. Allspring Global Investments Holdings LLC raised its position in Vanguard Industrials ETF by 2,321.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 7,482 shares of the company’s stock valued at $2,423,000 after purchasing an additional 7,173 shares in the last quarter. Finally, Avantax Planning Partners Inc. purchased a new stake in Vanguard Industrials ETF during the third quarter valued at about $706,000.

Vanguard Industrials ETF Stock Up 1.3%

Shares of VIS stock opened at $328.71 on Thursday. The business has a 50-day moving average price of $324.39 and a two-hundred day moving average price of $334.90. Vanguard Industrials ETF has a 12-month low of $282.03 and a 12-month high of $362.21. The firm has a market cap of $7.88 billion, a P/E ratio of 23.72 and a beta of 1.04.

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).