Absolute Capital Management LLC Has $2.42 Million Stake in Vanguard Industrials ETF (NYSEARCA:VIS)

Absolute Capital Management LLC lowered its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 44.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 9,519 shares of the company’s stock after selling 7,628 shares during the period. Vanguard Industrials ETF makes up approximately 1.3% of Absolute Capital Management LLC’s portfolio, making the stock its 21st biggest holding. Absolute Capital Management LLC’s holdings in Vanguard Industrials ETF were worth $2,422,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Royal Fund Management LLC boosted its stake in Vanguard Industrials ETF by 6.4% during the 4th quarter. Royal Fund Management LLC now owns 13,692 shares of the company’s stock valued at $3,523,000 after purchasing an additional 828 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Vanguard Industrials ETF by 20.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 37,190 shares of the company’s stock valued at $9,461,000 after purchasing an additional 6,356 shares during the last quarter. Principal Securities Inc. boosted its stake in Vanguard Industrials ETF by 19.8% during the 4th quarter. Principal Securities Inc. now owns 515 shares of the company’s stock valued at $131,000 after purchasing an additional 85 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Vanguard Industrials ETF during the 4th quarter valued at about $26,000. Finally, FMR LLC boosted its stake in Vanguard Industrials ETF by 7.3% during the 3rd quarter. FMR LLC now owns 14,254 shares of the company’s stock valued at $3,707,000 after purchasing an additional 965 shares during the last quarter.

Vanguard Industrials ETF Stock Down 0.5 %

Shares of NYSEARCA VIS opened at $251.95 on Friday. The company has a market capitalization of $6.10 billion, a PE ratio of 24.28 and a beta of 1.14. The stock’s 50 day moving average price is $260.35 and its 200-day moving average price is $261.55. Vanguard Industrials ETF has a twelve month low of $228.59 and a twelve month high of $280.63.

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).