Vanguard Industrials ETF $VIS is Richmond Brothers Inc.’s 7th Largest Position

Richmond Brothers Inc. reduced its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 15.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,135 shares of the company’s stock after selling 4,718 shares during the quarter. Vanguard Industrials ETF comprises about 4.8% of Richmond Brothers Inc.’s investment portfolio, making the stock its 7th biggest position. Richmond Brothers Inc. owned 0.12% of Vanguard Industrials ETF worth $7,320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. raised its holdings in Vanguard Industrials ETF by 99.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 207 shares of the company’s stock valued at $51,000 after buying an additional 103 shares during the period. Dakota Wealth Management bought a new position in Vanguard Industrials ETF during the first quarter valued at $206,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of Vanguard Industrials ETF in the first quarter valued at $47,000. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Industrials ETF by 2.7% in the 1st quarter. Wealthfront Advisers LLC now owns 2,601 shares of the company’s stock worth $644,000 after acquiring an additional 68 shares during the last quarter. Finally, Woodward Diversified Capital LLC lifted its holdings in shares of Vanguard Industrials ETF by 7.9% in the 1st quarter. Woodward Diversified Capital LLC now owns 2,679 shares of the company’s stock worth $663,000 after acquiring an additional 197 shares during the last quarter.

Vanguard Industrials ETF Price Performance

Shares of NYSEARCA VIS opened at $297.49 on Thursday. The company has a market cap of $6.32 billion, a P/E ratio of 23.72 and a beta of 1.11. Vanguard Industrials ETF has a 1 year low of $213.26 and a 1 year high of $303.51. The firm has a 50-day simple moving average of $295.27 and a two-hundred day simple moving average of $284.05.

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).