M&T Bank Corp Trims Stock Holdings in Vanguard Industrials ETF $VIS

M&T Bank Corp trimmed its holdings in Vanguard Industrials ETF (NYSEARCA:VIS) by 19.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 54,434 shares of the company’s stock after selling 13,062 shares during the period. M&T Bank Corp’s holdings in Vanguard Industrials ETF were worth $15,509,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter worth approximately $46,000. Cardiff Park Advisors LLC raised its holdings in shares of Vanguard Industrials ETF by 44.3% in the third quarter. Cardiff Park Advisors LLC now owns 166 shares of the company’s stock worth $49,000 after buying an additional 51 shares during the period. Barrett & Company Inc. raised its holdings in shares of Vanguard Industrials ETF by 42.0% in the third quarter. Barrett & Company Inc. now owns 169 shares of the company’s stock worth $50,000 after buying an additional 50 shares during the period. eCIO Inc. purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter worth approximately $54,000. Finally, Paladin Advisory Group LLC purchased a new stake in shares of Vanguard Industrials ETF in the third quarter worth approximately $60,000.

Vanguard Industrials ETF Price Performance

VIS stock opened at $338.90 on Friday. The company has a market capitalization of $7.68 billion, a PE ratio of 23.72 and a beta of 1.07. Vanguard Industrials ETF has a 12 month low of $237.95 and a 12 month high of $345.71. The firm’s 50-day moving average is $328.18 and its 200 day moving average is $313.05.

Vanguard Industrials ETF 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).