Concurrent Investment Advisors LLC Reduces Holdings in Vanguard Industrials ETF (NYSEARCA:VIS)

Concurrent Investment Advisors LLC lessened its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,981 shares of the company’s stock after selling 523 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Industrials ETF were worth $2,030,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VIS. Stifel Financial Corp grew its position in shares of Vanguard Industrials ETF by 6.5% in the 3rd quarter. Stifel Financial Corp now owns 156,487 shares of the company’s stock worth $40,701,000 after acquiring an additional 9,575 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Industrials ETF during the 4th quarter valued at approximately $34,441,000. Rockefeller Capital Management L.P. raised its position in shares of Vanguard Industrials ETF by 20.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 100,183 shares of the company’s stock valued at $26,041,000 after acquiring an additional 17,210 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Vanguard Industrials ETF by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 90,961 shares of the company’s stock valued at $23,668,000 after acquiring an additional 3,449 shares in the last quarter. Finally, KCM Investment Advisors LLC raised its position in shares of Vanguard Industrials ETF by 1.5% during the 3rd quarter. KCM Investment Advisors LLC now owns 83,282 shares of the company’s stock valued at $21,659,000 after acquiring an additional 1,271 shares in the last quarter.

Vanguard Industrials ETF Trading Down 2.5 %

VIS stock opened at $257.24 on Friday. The firm has a market cap of $5.61 billion, a P/E ratio of 24.56 and a beta of 0.99. Vanguard Industrials ETF has a 12-month low of $228.59 and a 12-month high of $280.63. The stock’s 50 day simple moving average is $262.45 and its 200 day simple moving average is $260.26.

Vanguard Industrials ETF 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).