Vanguard Industrials ETF $VIS is Richmond Brothers Inc.’s 7th Largest Position

Richmond Brothers Inc. reduced its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 15.3% in the 2nd quarter, Holdings Channel reports. The firm owned 26,135 shares of the company’s stock after selling 4,718 shares during the quarter. Vanguard Industrials ETF accounts for about 4.8% of Richmond Brothers Inc.’s portfolio, making the stock its 7th largest position. Richmond Brothers Inc.’s holdings in Vanguard Industrials ETF were worth $7,320,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Register Financial Advisors LLC acquired a new position in shares of Vanguard Industrials ETF during the 2nd quarter worth approximately $25,000. Atlantic Union Bankshares Corp acquired a new position in Vanguard Industrials ETF during the second quarter worth $40,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Vanguard Industrials ETF in the 1st quarter valued at $47,000. SBI Securities Co. Ltd. increased its stake in shares of Vanguard Industrials ETF by 99.0% in the 1st quarter. SBI Securities Co. Ltd. now owns 207 shares of the company’s stock worth $51,000 after acquiring an additional 103 shares during the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in shares of Vanguard Industrials ETF by 94.3% during the 1st quarter. Founders Financial Alliance LLC now owns 206 shares of the company’s stock worth $51,000 after acquiring an additional 100 shares during the period.

Vanguard Industrials ETF Trading Down 0.0%

Shares of VIS opened at $297.49 on Thursday. Vanguard Industrials ETF has a 12-month low of $213.26 and a 12-month high of $303.51. The firm has a market capitalization of $6.32 billion, a P/E ratio of 23.72 and a beta of 1.11. The firm has a 50-day moving average price of $295.27 and a 200 day moving average price of $284.05.

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).