Sandy Spring Bank Trims Holdings in Vanguard Industrials ETF (NYSEARCA:VIS)

Sandy Spring Bank trimmed its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 31.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 229 shares of the company’s stock after selling 104 shares during the quarter. Sandy Spring Bank’s holdings in Vanguard Industrials ETF were worth $58,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of VIS. Wealthfront Advisers LLC raised its stake in shares of Vanguard Industrials ETF by 276,157.4% in the fourth quarter. Wealthfront Advisers LLC now owns 4,635,600 shares of the company’s stock worth $1,179,250,000 after purchasing an additional 4,633,922 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard Industrials ETF in the fourth quarter worth about $65,885,000. Strategic Financial Concepts LLC purchased a new position in shares of Vanguard Industrials ETF in the fourth quarter worth about $34,441,000. Proficio Capital Partners LLC acquired a new stake in Vanguard Industrials ETF during the fourth quarter worth about $13,720,000. Finally, Financial Services Advisory Inc acquired a new stake in Vanguard Industrials ETF during the fourth quarter worth about $8,916,000.

Vanguard Industrials ETF Stock Down 0.7 %

Vanguard Industrials ETF stock opened at $250.20 on Friday. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 24.28 and a beta of 1.14. Vanguard Industrials ETF has a 52 week low of $228.59 and a 52 week high of $280.63. The business’s 50-day moving average price is $260.27 and its 200 day moving average price is $261.63.

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).