Concorde Asset Management LLC Makes New $636,000 Investment in Vanguard Industrials ETF $VIS

Concorde Asset Management LLC acquired a new stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,132 shares of the company’s stock, valued at approximately $636,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in VIS. Bank of America Corp DE grew its holdings in shares of Vanguard Industrials ETF by 6.7% in the third quarter. Bank of America Corp DE now owns 3,915,208 shares of the company’s stock worth $1,160,037,000 after purchasing an additional 247,479 shares during the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Vanguard Industrials ETF by 4,760.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 78,148 shares of the company’s stock worth $23,318,000 after purchasing an additional 76,540 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of Vanguard Industrials ETF by 67.2% in the third quarter. Lido Advisors LLC now owns 96,995 shares of the company’s stock worth $28,739,000 after purchasing an additional 38,997 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of Vanguard Industrials ETF by 101.2% in the second quarter. Corient Private Wealth LLC now owns 64,130 shares of the company’s stock worth $17,962,000 after purchasing an additional 32,257 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Industrials ETF by 48.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 95,125 shares of the company’s stock worth $28,185,000 after purchasing an additional 31,087 shares during the last quarter.

Vanguard Industrials ETF Stock Performance

Shares of Vanguard Industrials ETF stock opened at $344.22 on Friday. Vanguard Industrials ETF has a 52-week low of $268.94 and a 52-week high of $347.09. The stock has a market capitalization of $7.80 billion, a price-to-earnings ratio of 23.72 and a beta of 1.04. The company’s 50 day moving average price is $335.81 and its 200-day moving average price is $323.42.

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).