Vanguard Industrials ETF (NYSEARCA:VIS) Reaches New 52-Week High – Here’s Why

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) hit a new 52-week high on Thursday . The stock traded as high as $303.81 and last traded at $304.1170, with a volume of 14906 shares traded. The stock had previously closed at $301.87.

Vanguard Industrials ETF Trading Up 1.2%

The stock has a market cap of $6.49 billion, a PE ratio of 23.72 and a beta of 1.11. The business has a 50-day moving average price of $295.67 and a 200-day moving average price of $288.68.

Institutional Trading of Vanguard Industrials ETF

Institutional investors have recently modified their holdings of the stock. National Bank of Canada FI raised its position in shares of Vanguard Industrials ETF by 412.0% during the 1st quarter. National Bank of Canada FI now owns 2,012 shares of the company’s stock worth $504,000 after purchasing an additional 1,619 shares during the last quarter. Invesco Ltd. purchased a new position in shares of Vanguard Industrials ETF in the first quarter valued at approximately $210,000. HighTower Advisors LLC lifted its position in shares of Vanguard Industrials ETF by 8.4% in the first quarter. HighTower Advisors LLC now owns 119,114 shares of the company’s stock valued at $29,487,000 after acquiring an additional 9,212 shares in the last quarter. Harfst & Associates Inc. boosted its stake in shares of Vanguard Industrials ETF by 3.8% in the first quarter. Harfst & Associates Inc. now owns 64,837 shares of the company’s stock worth $16,050,000 after acquiring an additional 2,346 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. purchased a new stake in shares of Vanguard Industrials ETF during the first quarter worth approximately $381,000.

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).