Vanguard Industrials ETF (NYSEARCA:VIS) Hits New 12-Month High – Still a Buy?

Vanguard Industrials ETF (NYSEARCA:VIS) reached a new 52-week high on Friday . The company traded as high as $263.54 and last traded at $263.54, with a volume of 4868 shares trading hands. The stock had previously closed at $260.32.

Vanguard Industrials ETF Price Performance

The business’s 50-day moving average price is $249.33 and its two-hundred day moving average price is $242.62. The company has a market capitalization of $5.75 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99.

Institutional Investors Weigh In On Vanguard Industrials ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. High Net Worth Advisory Group LLC raised its position in Vanguard Industrials ETF by 22.4% during the third quarter. High Net Worth Advisory Group LLC now owns 4,168 shares of the company’s stock valued at $1,084,000 after purchasing an additional 763 shares in the last quarter. Concourse Financial Group Securities Inc. raised its position in Vanguard Industrials ETF by 13.4% during the third quarter. Concourse Financial Group Securities Inc. now owns 8,921 shares of the company’s stock valued at $2,327,000 after purchasing an additional 1,054 shares in the last quarter. City State Bank raised its position in Vanguard Industrials ETF by 3.2% during the third quarter. City State Bank now owns 3,032 shares of the company’s stock valued at $789,000 after purchasing an additional 95 shares in the last quarter. Maltin Wealth Management Inc. raised its position in Vanguard Industrials ETF by 2.4% during the third quarter. Maltin Wealth Management Inc. now owns 15,927 shares of the company’s stock valued at $4,142,000 after purchasing an additional 369 shares in the last quarter. Finally, Financial Advisory Partners LLC raised its position in Vanguard Industrials ETF by 1.4% during the third quarter. Financial Advisory Partners LLC now owns 16,930 shares of the company’s stock valued at $4,403,000 after purchasing an additional 234 shares in the last quarter.

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).