Royal Bank of Canada Grows Stock Holdings in Vanguard Industrials ETF $VIS

Royal Bank of Canada raised its holdings in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 14.1% during the first quarter, HoldingsChannel reports. The fund owned 149,005 shares of the company’s stock after purchasing an additional 18,409 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Industrials ETF were worth $46,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Morgan Stanley grew its position in shares of Vanguard Industrials ETF by 2.6% in the fourth 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 boosted its stake in Vanguard Industrials ETF by 1.5% in the 3rd quarter. PGIM Custom Harvest LLC now owns 923,559 shares of the company’s stock worth $273,641,000 after purchasing an additional 13,620 shares during the period. Wells Fargo & Company MN grew its holdings in 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 buying an additional 42,322 shares in the last quarter. UBS Group AG increased its position in shares of Vanguard Industrials ETF by 2.4% during the fourth quarter. UBS Group AG now owns 320,576 shares of the company’s stock valued at $95,653,000 after buying an additional 7,499 shares during the period. Finally, LPL Financial LLC increased its position in shares of Vanguard Industrials ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 290,243 shares of the company’s stock valued at $86,603,000 after buying an additional 6,296 shares during the period.

Vanguard Industrials ETF Stock Performance

Shares of NYSEARCA:VIS opened at $344.44 on Monday. The company has a 50 day moving average of $347.27 and a 200 day moving average of $335.60. The stock has a market cap of $8.10 billion, a P/E ratio of 23.72 and a beta of 1.03. Vanguard Industrials ETF has a 12 month low of $282.03 and a 12 month high of $362.21.

Vanguard Industrials ETF 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).