Exchange Capital Management Inc. Raises Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Exchange Capital Management Inc. grew its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 12.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,898 shares of the company’s stock after acquiring an additional 3,492 shares during the quarter. Vanguard Industrials ETF comprises about 1.3% of Exchange Capital Management Inc.’s portfolio, making the stock its 20th largest position. Exchange Capital Management Inc.’s holdings in Vanguard Industrials ETF were worth $8,115,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Industrials ETF during the fourth quarter valued at $34,441,000. Janney Montgomery Scott LLC purchased a new stake in Vanguard Industrials ETF in the 3rd quarter valued at about $8,019,000. Wealth Enhancement Advisory Services LLC grew its stake in Vanguard Industrials ETF by 715.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 29,388 shares of the company’s stock worth $7,643,000 after acquiring an additional 25,782 shares in the last quarter. Founders Grove Wealth Partners LLC purchased a new position in shares of Vanguard Industrials ETF during the fourth quarter worth approximately $5,858,000. Finally, CX Institutional bought a new stake in shares of Vanguard Industrials ETF during the fourth quarter valued at approximately $5,052,000.

Vanguard Industrials ETF Trading Down 0.5 %

Shares of Vanguard Industrials ETF stock opened at $256.00 on Tuesday. The firm has a market cap of $5.58 billion, a P/E ratio of 24.56 and a beta of 0.99. The stock’s fifty day moving average price is $262.05 and its 200-day moving average price is $260.92. Vanguard Industrials ETF has a 12 month low of $228.59 and a 12 month high of $280.63.

About Vanguard Industrials ETF

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).