Concourse Financial Group Securities Inc. increased its holdings in Vanguard Industrials ETF (NYSEARCA:VIS – Free Report) by 13.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,921 shares of the company’s stock after purchasing an additional 1,054 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Vanguard Industrials ETF were worth $2,327,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Signature Resources Capital Management LLC acquired a new position in Vanguard Industrials ETF in the second quarter valued at $32,000. Optimum Investment Advisors lifted its holdings in Vanguard Industrials ETF by 51.5% in the first quarter. Optimum Investment Advisors now owns 147 shares of the company’s stock valued at $36,000 after buying an additional 50 shares during the period. Woodmont Investment Counsel LLC acquired a new position in Vanguard Industrials ETF in the first quarter valued at $37,000. International Assets Investment Management LLC acquired a new position in Vanguard Industrials ETF in the second quarter valued at $40,000. Finally, Able Wealth Management LLC acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at $42,000.
Vanguard Industrials ETF Trading Up 1.9 %
Shares of NYSEARCA VIS opened at $265.14 on Monday. The firm’s 50-day moving average price is $249.88 and its 200-day moving average price is $242.80. Vanguard Industrials ETF has a 1-year low of $183.29 and a 1-year high of $265.20. The firm has a market capitalization of $5.78 billion, a P/E ratio of 24.56 and a beta of 0.99.
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).
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