Cresset Asset Management LLC Reduces Stock Holdings in Vanguard Industrials ETF (NYSEARCA:VIS)

Cresset Asset Management LLC lowered its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 40.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,360 shares of the company’s stock after selling 4,932 shares during the quarter. Cresset Asset Management LLC’s holdings in Vanguard Industrials ETF were worth $1,872,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. SBI Securities Co. Ltd. purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter valued at $26,000. Cardiff Park Advisors LLC bought a new stake in Vanguard Industrials ETF in the fourth quarter worth about $29,000. Avior Wealth Management LLC lifted its stake in Vanguard Industrials ETF by 111.9% in the fourth quarter. Avior Wealth Management LLC now owns 125 shares of the company’s stock worth $32,000 after purchasing an additional 66 shares during the last quarter. Roxbury Financial LLC purchased a new position in shares of Vanguard Industrials ETF during the fourth quarter valued at approximately $36,000. Finally, Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Industrials ETF in the fourth quarter worth approximately $42,000.

Vanguard Industrials ETF Stock Performance

Shares of NYSEARCA VIS opened at $257.81 on Friday. The business’s 50 day moving average price is $244.77 and its 200-day moving average price is $257.97. Vanguard Industrials ETF has a fifty-two week low of $213.26 and a fifty-two week high of $280.63. The company has a market cap of $6.25 billion, a price-to-earnings ratio of 22.46 and a beta of 1.07.

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).