Vanguard Industrials ETF (NYSEARCA:VIS) Hits New 52-Week High – Should You Buy?

Vanguard Industrials ETF (NYSEARCA:VIS)’s share price hit a new 52-week high during mid-day 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 Stock Performance

The stock has a 50 day moving average of $256.88 and a 200-day moving average of $245.61. The firm has a market capitalization of $5.97 billion, a P/E ratio of 24.56 and a beta of 0.99.

Institutional Trading of Vanguard Industrials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Signature Resources Capital Management LLC bought a new position in shares of Vanguard Industrials ETF during the second quarter valued at approximately $32,000. International Assets Investment Management LLC bought a new position in Vanguard Industrials ETF in the second quarter valued at about $40,000. Founders Capital Management lifted its holdings in Vanguard Industrials ETF by 33.3% in the second quarter. Founders Capital Management now owns 180 shares of the company’s stock valued at $42,000 after acquiring an additional 45 shares during the period. Rosenberg Matthew Hamilton bought a new position in shares of Vanguard Industrials ETF in the second quarter worth about $42,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Vanguard Industrials ETF by 725.0% in the first quarter. BNP Paribas Financial Markets now owns 198 shares of the company’s stock worth $48,000 after buying an additional 174 shares during the period.

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).