Vanguard Industrials ETF (NYSEARCA:VIS) Hits New 12-Month High at $251.04

Vanguard Industrials ETF (NYSEARCA:VIS) shares hit a new 52-week high during trading on Monday . The company traded as high as $251.04 and last traded at $250.86, with a volume of 10659 shares. The stock had previously closed at $249.49.

Vanguard Industrials ETF Stock Down 0.1 %

The stock has a market capitalization of $5.41 billion, a PE ratio of 24.56 and a beta of 0.99. The firm has a 50 day moving average price of $240.56 and a 200 day moving average price of $238.27.

Institutional Trading of Vanguard Industrials ETF

Several institutional investors and hedge funds have recently modified their holdings of VIS. Beacon Capital Management Inc. raised its stake in shares of Vanguard Industrials ETF by 210.7% in the first quarter. Beacon Capital Management Inc. now owns 713,788 shares of the company’s stock worth $172,787,000 after purchasing an additional 484,087 shares during the last quarter. Wulff Hansen & CO. raised its stake in shares of Vanguard Industrials ETF by 23,422.0% in the second quarter. Wulff Hansen & CO. now owns 279,912 shares of the company’s stock worth $65,841,000 after purchasing an additional 278,722 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Industrials ETF in the second quarter worth approximately $30,527,000. Cetera Investment Advisers raised its stake in shares of Vanguard Industrials ETF by 800.9% in the first quarter. Cetera Investment Advisers now owns 144,114 shares of the company’s stock worth $35,186,000 after purchasing an additional 128,117 shares during the last quarter. Finally, Capital Advantage Inc. purchased a new stake in shares of Vanguard Industrials ETF in the second quarter worth approximately $12,633,000.

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).