Cadent Capital Advisors LLC Sells 3,233 Shares of Vanguard Industrials ETF $VIS

Cadent Capital Advisors LLC cut its position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 6.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 48,030 shares of the company’s stock after selling 3,233 shares during the quarter. Vanguard Industrials ETF accounts for approximately 3.3% of Cadent Capital Advisors LLC’s holdings, making the stock its 4th largest position. Cadent Capital Advisors LLC’s holdings in Vanguard Industrials ETF were worth $15,394,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Avidian Wealth Enterprises LLC purchased a new stake in Vanguard Industrials ETF in the 3rd quarter worth approximately $213,000. Congress Asset Management Co. purchased a new stake in Vanguard Industrials ETF in the 3rd quarter valued at about $1,412,000. Eastern Bank acquired a new position in Vanguard Industrials ETF during the third quarter worth approximately $95,000. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Industrials ETF by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 272,584 shares of the company’s stock valued at $98,234,000 after purchasing an additional 1,346 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Vanguard Industrials ETF during the 2nd quarter valued at $37,000.

Vanguard Industrials ETF Stock Performance

Vanguard Industrials ETF stock traded up $1.44 during midday trading on Friday, reaching $324.08. The stock had a trading volume of 47,862 shares, compared to its average volume of 102,696. The stock has a market capitalization of $7.72 billion, a PE ratio of 23.72 and a beta of 1.04. The stock’s 50-day simple moving average is $337.65 and its 200 day simple moving average is $338.62. Vanguard Industrials ETF has a twelve month low of $282.03 and a twelve month high of $362.21.

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).