Pines Wealth Management LLC Acquires New Stake in Vanguard Industrials ETF (NYSEARCA:VIS)

Pines Wealth Management LLC bought a new position in Vanguard Industrials ETF (NYSEARCA:VIS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 797 shares of the company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. RPg Family Wealth Advisory LLC bought a new position in shares of Vanguard Industrials ETF in the third quarter worth about $29,000. Larson Financial Group LLC grew its stake in Vanguard Industrials ETF by 833.3% in the 3rd quarter. Larson Financial Group LLC now owns 140 shares of the company’s stock worth $36,000 after acquiring an additional 125 shares in the last quarter. Fairscale Capital LLC purchased a new position in shares of Vanguard Industrials ETF during the second quarter worth approximately $64,000. Eastern Bank bought a new stake in shares of Vanguard Industrials ETF during the fourth quarter valued at approximately $75,000. Finally, Private Trust Co. NA boosted its holdings in shares of Vanguard Industrials ETF by 17.1% in the third quarter. Private Trust Co. NA now owns 308 shares of the company’s stock valued at $80,000 after purchasing an additional 45 shares during the period.

Vanguard Industrials ETF Stock Up 0.8 %

Shares of NYSEARCA:VIS opened at $262.20 on Thursday. The business’s 50 day moving average is $266.46 and its 200 day moving average is $255.56. The stock has a market cap of $5.72 billion, a P/E ratio of 24.56 and a beta of 0.99. Vanguard Industrials ETF has a 52-week low of $211.77 and a 52-week high of $280.63.

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).