Vanguard Industrials ETF (NYSEARCA:VIS) Hits New 12-Month High – Time to Buy?

Vanguard Industrials ETF (NYSEARCA:VIS)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $279.10 and last traded at $278.86, with a volume of 1117 shares traded. The stock had previously closed at $276.74.

Vanguard Industrials ETF Price Performance

The business’s 50 day moving average is $263.59 and its 200 day moving average is $248.90. The stock has a market cap of $6.07 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99.

Institutional Investors Weigh In On Vanguard Industrials ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harbour Investments Inc. raised its holdings in shares of Vanguard Industrials ETF by 0.9% in the third quarter. Harbour Investments Inc. now owns 4,286 shares of the company’s stock valued at $1,115,000 after buying an additional 40 shares during the last quarter. Founders Capital Management raised its holdings in shares of 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 buying an additional 45 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of Vanguard Industrials ETF by 17.1% in the third quarter. Private Trust Co. NA now owns 308 shares of the company’s stock valued at $80,000 after buying an additional 45 shares during the last quarter. Glenmede Trust Co. NA raised its holdings in shares of Vanguard Industrials ETF by 1.4% in the third quarter. Glenmede Trust Co. NA now owns 3,254 shares of the company’s stock valued at $846,000 after buying an additional 46 shares during the last quarter. Finally, Apollon Financial LLC raised its holdings in shares of Vanguard Industrials ETF by 0.7% in the second quarter. Apollon Financial LLC now owns 6,810 shares of the company’s stock valued at $1,602,000 after buying an additional 50 shares during 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).