Vanguard Industrials ETF (NYSEARCA:VIS) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) saw unusually-strong trading volume on Thursday . Approximately 114,756 shares were traded during trading, an increase of 32% from the previous session’s volume of 86,862 shares.The stock last traded at $311.5150 and had previously closed at $307.80.

Vanguard Industrials ETF Trading Up 1.0%

The stock’s fifty day moving average price is $297.97 and its 200 day moving average price is $293.11. The stock has a market cap of $6.62 billion, a P/E ratio of 23.72 and a beta of 1.11.

Hedge Funds Weigh In On Vanguard Industrials ETF

Large investors have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Industrials ETF during the 2nd quarter valued at about $109,047,000. Beacon Capital Management Inc. increased its position in shares of Vanguard Industrials ETF by 194.8% during the second quarter. Beacon Capital Management Inc. now owns 456,981 shares of the company’s stock valued at $127,987,000 after buying an additional 301,959 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Industrials ETF by 6.7% during the third quarter. Bank of America Corp DE now owns 3,915,208 shares of the company’s stock valued at $1,160,037,000 after buying an additional 247,479 shares during the period. Laurel Wealth Advisors LLC raised its stake in Vanguard Industrials ETF by 24,177.8% in the second quarter. Laurel Wealth Advisors LLC now owns 182,326 shares of the company’s stock worth $51,064,000 after buying an additional 181,575 shares in the last quarter. Finally, Lido Advisors LLC boosted its position in shares of Vanguard Industrials ETF by 67.2% during the third quarter. Lido Advisors LLC now owns 96,995 shares of the company’s stock valued at $28,739,000 after purchasing an additional 38,997 shares in 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).