Vanguard Industrials ETF (NYSEARCA:VIS) Sees Large Volume Increase

Vanguard Industrials ETF (NYSEARCA:VIS) shares saw strong trading volume on Wednesday . 307,049 shares were traded during trading, an increase of 272% from the previous session’s volume of 82,626 shares.The stock last traded at $249.01 and had previously closed at $248.63.

Vanguard Industrials ETF Trading Up 1.1 %

The firm’s fifty day moving average price is $241.11 and its 200-day moving average price is $238.54. The firm has a market cap of $5.51 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Beacon Capital Management Inc. boosted its holdings in shares of Vanguard Industrials ETF by 210.7% in the first quarter. Beacon Capital Management Inc. now owns 713,788 shares of the company’s stock valued at $172,787,000 after acquiring an additional 484,087 shares in the last quarter. Wulff Hansen & CO. boosted its holdings in shares of Vanguard Industrials ETF by 23,422.0% in the second quarter. Wulff Hansen & CO. now owns 279,912 shares of the company’s stock valued at $65,841,000 after acquiring an additional 278,722 shares in the last quarter. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Industrials ETF in the second quarter valued at about $30,527,000. Cetera Investment Advisers boosted its holdings in shares of Vanguard Industrials ETF by 800.9% in the first quarter. Cetera Investment Advisers now owns 144,114 shares of the company’s stock valued at $35,186,000 after acquiring an additional 128,117 shares in the last quarter. Finally, Capital Advantage Inc. purchased a new stake in shares of Vanguard Industrials ETF in the second quarter valued at about $12,633,000.

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).