Fortis Capital Management LLC Takes $585,000 Position in Vanguard Industrials ETF $VIS

Fortis Capital Management LLC acquired a new position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,873 shares of the company’s stock, valued at approximately $585,000.

Several other institutional investors also recently modified their holdings of the company. Barometer Capital Management Inc. bought a new stake in shares of Vanguard Industrials ETF in the 1st quarter valued at about $250,000. Cassaday & Co Wealth Management LLC bought a new position in Vanguard Industrials ETF during the first quarter worth about $64,000. Tandem Wealth Advisors LLC acquired a new position in Vanguard Industrials ETF during the first quarter worth approximately $3,233,000. Assetmark Inc. increased its position in Vanguard Industrials ETF by 13.3% during the first quarter. Assetmark Inc. now owns 6,022 shares of the company’s stock worth $1,880,000 after buying an additional 707 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new position in Vanguard Industrials ETF during the first quarter worth approximately $30,000.

Vanguard Industrials ETF Stock Up 0.7%

NYSEARCA:VIS opened at $344.57 on Wednesday. Vanguard Industrials ETF has a 12-month low of $282.03 and a 12-month high of $362.21. The firm has a market capitalization of $8.10 billion, a price-to-earnings ratio of 23.72 and a beta of 1.03. The stock’s 50 day moving average price is $345.45 and its two-hundred day moving average price is $333.52.

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).