Sheets Smith Wealth Management Has $2.52 Million Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Sheets Smith Wealth Management raised its position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,892 shares of the company’s stock after purchasing an additional 69 shares during the period. Sheets Smith Wealth Management’s holdings in Vanguard Industrials ETF were worth $2,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new stake in Vanguard Industrials ETF during the 3rd quarter valued at approximately $29,000. Larson Financial Group LLC increased its position in Vanguard Industrials ETF by 833.3% during the third quarter. Larson Financial Group LLC now owns 140 shares of the company’s stock worth $36,000 after acquiring an additional 125 shares during the period. Eastern Bank acquired a new position in Vanguard Industrials ETF during the 4th quarter valued at $75,000. Private Trust Co. NA grew its position in Vanguard Industrials ETF by 17.1% in the 3rd quarter. Private Trust Co. NA now owns 308 shares of the company’s stock worth $80,000 after purchasing an additional 45 shares during the last quarter. Finally, MTM Investment Management LLC bought a new position in shares of Vanguard Industrials ETF during the 3rd quarter worth about $123,000.

Vanguard Industrials ETF Stock Up 2.2 %

Shares of VIS opened at $272.45 on Wednesday. Vanguard Industrials ETF has a 12 month low of $216.60 and a 12 month high of $280.63. The stock has a market cap of $5.94 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99. The company has a 50-day moving average price of $265.67 and a two-hundred day moving average price of $256.44.

About Vanguard Industrials ETF

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).