Vanguard Industrials ETF (NYSEARCA:VIS) Sets New 52-Week High – Time to Buy?

Vanguard Industrials ETF (NYSEARCA:VIS)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $336.59 and last traded at $336.8050, with a volume of 16384 shares. The stock had previously closed at $335.64.

Vanguard Industrials ETF Stock Up 0.6%

The firm has a fifty day moving average of $310.29 and a 200 day moving average of $299.12. The stock has a market cap of $7.19 billion, a PE ratio of 23.72 and a beta of 1.11.

Hedge Funds Weigh In On Vanguard Industrials ETF

A number of large investors have recently modified their holdings of VIS. Bank of America Corp DE increased its stake in Vanguard Industrials ETF by 6.7% during the third quarter. Bank of America Corp DE now owns 3,915,208 shares of the company’s stock valued at $1,160,037,000 after purchasing an additional 247,479 shares during the last quarter. PGIM Custom Harvest LLC increased its position in Vanguard Industrials ETF by 1.5% in the 3rd quarter. PGIM Custom Harvest LLC now owns 923,559 shares of the company’s stock worth $273,641,000 after buying an additional 13,620 shares during the period. Beacon Capital Management Inc. lifted its position in shares of Vanguard Industrials ETF by 194.8% in the 2nd quarter. Beacon Capital Management Inc. now owns 456,981 shares of the company’s stock worth $127,987,000 after acquiring an additional 301,959 shares during the period. UBS Group AG raised its holdings in shares of Vanguard Industrials ETF by 2.4% in the 4th quarter. UBS Group AG now owns 320,576 shares of the company’s stock worth $95,653,000 after buying an additional 7,499 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in shares of Vanguard Industrials ETF by 24,177.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 182,326 shares of the company’s stock worth $51,064,000 after acquiring an additional 181,575 shares in the last quarter.

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).