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

Vanguard Industrials ETF (NYSEARCA:VIS) reached a new 52-week high during trading on Wednesday . The company traded as high as $272.79 and last traded at $272.12, with a volume of 22655 shares changing hands. The stock had previously closed at $262.91.

Vanguard Industrials ETF Trading Up 1.0 %

The firm has a market cap of $6.00 billion, a PE ratio of 24.56 and a beta of 0.99. The business’s 50-day simple moving average is $258.30 and its 200 day simple moving average is $246.28.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. increased its position in Vanguard Industrials ETF by 0.9% during the 3rd quarter. Harbour Investments Inc. now owns 4,286 shares of the company’s stock valued at $1,115,000 after purchasing an additional 40 shares during the period. Founders Capital Management increased its position in Vanguard Industrials ETF by 33.3% during the 2nd quarter. Founders Capital Management now owns 180 shares of the company’s stock valued at $42,000 after purchasing an additional 45 shares during the period. Apollon Financial LLC increased its position in Vanguard Industrials ETF by 0.7% during the 2nd quarter. Apollon Financial LLC now owns 6,810 shares of the company’s stock valued at $1,602,000 after purchasing an additional 50 shares during the period. N.E.W. Advisory Services LLC grew its position in shares of Vanguard Industrials ETF by 3.1% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 2,344 shares of the company’s stock worth $551,000 after buying an additional 71 shares during the last quarter. Finally, City State Bank grew its position in shares of Vanguard Industrials ETF by 3.0% in the 2nd quarter. City State Bank now owns 2,937 shares of the company’s stock worth $691,000 after buying an additional 85 shares during the last quarter.

Vanguard Industrials ETF Company 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).