Vanguard Industrials ETF (NYSEARCA:VIS) Reaches New 12-Month High – What’s Next?

Vanguard Industrials ETF (NYSEARCA:VIS) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $351.58 and last traded at $350.50, with a volume of 10882 shares traded. The stock had previously closed at $344.22.

Vanguard Industrials ETF Trading Up 0.6%

The company has a market capitalization of $7.95 billion, a PE ratio of 23.72 and a beta of 1.04. The business’s 50-day simple moving average is $337.15 and its 200-day simple moving average is $324.45.

Hedge Funds Weigh In On Vanguard Industrials ETF

A number of institutional investors have recently bought and sold shares of VIS. Bank of America Corp DE increased its holdings in shares of Vanguard Industrials ETF by 0.3% during the 1st quarter. Bank of America Corp DE now owns 3,925,230 shares of the company’s stock valued at $1,225,535,000 after purchasing an additional 12,883 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Industrials ETF by 2.6% during the 4th quarter. Morgan Stanley now owns 958,367 shares of the company’s stock valued at $285,958,000 after purchasing an additional 24,512 shares in the last quarter. PGIM Custom Harvest LLC increased its holdings in shares of Vanguard Industrials ETF by 1.5% during the 3rd quarter. PGIM Custom Harvest LLC now owns 923,559 shares of the company’s stock valued at $273,641,000 after purchasing an additional 13,620 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard Industrials ETF by 7.9% during the 4th quarter. Wells Fargo & Company MN now owns 575,517 shares of the company’s stock valued at $171,723,000 after purchasing an additional 42,322 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Vanguard Industrials ETF by 2.4% during the 4th quarter. UBS Group AG now owns 320,576 shares of the company’s stock valued at $95,653,000 after purchasing an additional 7,499 shares in the last quarter.

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).