Vanguard Industrials ETF (NYSEARCA:VIS) Sets New 12-Month High – Here’s What Happened

Vanguard Industrials ETF (NYSEARCA:VIS)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $346.07 and last traded at $345.38, with a volume of 88387 shares changing hands. The stock had previously closed at $337.38.

Vanguard Industrials ETF Stock Performance

The stock has a market capitalization of $7.68 billion, a P/E ratio of 23.72 and a beta of 1.06. The firm has a 50-day moving average price of $327.82 and a 200 day moving average price of $315.66.

Hedge Funds Weigh In On Vanguard Industrials ETF

Several institutional investors have recently modified their holdings of VIS. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Industrials ETF during the 4th quarter valued at about $25,000. Empowered Funds LLC bought a new position in shares of Vanguard Industrials ETF during the 4th quarter valued at about $26,000. International Assets Investment Management LLC bought a new position in shares of Vanguard Industrials ETF during the 1st quarter valued at about $28,000. Bessemer Group Inc. bought a new position in shares of Vanguard Industrials ETF during the 1st quarter valued at about $30,000. Finally, Glen Eagle Advisors LLC increased its position in shares of Vanguard Industrials ETF by 110.0% during the 4th quarter. Glen Eagle Advisors LLC now owns 105 shares of the company’s stock valued at $31,000 after purchasing an additional 55 shares during the last quarter.

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).