Vanguard Industrials ETF (NYSEARCA:VIS) Sees Unusually-High Trading Volume – Still a Buy?

by · The Markets Daily

Shares of Vanguard Industrials ETF (NYSEARCA:VIS – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 330,306 shares changed hands during trading, an increase of 226% from the previous session’s volume of 101,354 shares. The stock last traded at $323.4940 and had previously closed at $323.81.

Vanguard Industrials ETF Price Performance

The business’s 50 day moving average price is $340.23 and its 200-day moving average price is $338.28. The company has a market cap of $7.63 billion, a P/E ratio of 23.72 and a beta of 1.04.

Hedge Funds Weigh In On Vanguard Industrials ETF

Institutional investors have recently bought and sold shares of the business. SmartHarvest Portfolios LLC acquired a new stake in shares of Vanguard Industrials ETF in the fourth quarter valued at $549,000. Independent Financial Group LLC bought a new stake in Vanguard Industrials ETF during the 1st quarter worth about $2,019,000. Y Intercept Hong Kong Ltd acquired a new stake in Vanguard Industrials ETF in the 1st quarter valued at about $1,612,000. Crown Wealth Group LLC raised its stake in shares of Vanguard Industrials ETF by 22.3% in the first quarter. Crown Wealth Group LLC now owns 13,308 shares of the company’s stock worth $4,155,000 after acquiring an additional 2,429 shares during the last quarter. Finally, Timbuktu Capital Management LLC bought a new stake in shares of Vanguard Industrials ETF during the second quarter valued at approximately $707,000.

About Vanguard Industrials ETF

(Get Free Report)

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).

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