Raymond James & Associates Grows Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Raymond James & Associates raised its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 22.3% during the third quarter, HoldingsChannel.com reports. The firm owned 122,647 shares of the company’s stock after purchasing an additional 22,382 shares during the period. Raymond James & Associates’ holdings in Vanguard Industrials ETF were worth $31,897,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VIS. Signature Resources Capital Management LLC bought a new position in Vanguard Industrials ETF in the second quarter worth approximately $32,000. Woodmont Investment Counsel LLC purchased a new position in shares of Vanguard Industrials ETF during the first quarter valued at $37,000. International Assets Investment Management LLC bought a new stake in shares of Vanguard Industrials ETF in the second quarter valued at about $40,000. Founders Capital Management lifted its stake in Vanguard Industrials ETF by 33.3% in the second quarter. Founders Capital Management now owns 180 shares of the company’s stock worth $42,000 after acquiring an additional 45 shares during the period. Finally, Rosenberg Matthew Hamilton bought a new position in Vanguard Industrials ETF during the 2nd quarter worth about $42,000.

Vanguard Industrials ETF Stock Performance

NYSEARCA VIS opened at $261.86 on Thursday. Vanguard Industrials ETF has a one year low of $183.29 and a one year high of $267.90. The company has a market capitalization of $5.71 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99. The company’s 50-day simple moving average is $254.44 and its two-hundred day simple moving average is $244.09.

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).