Institute for Wealth Management LLC. Sells 289 Shares of Vanguard Industrials ETF (NYSEARCA:VIS)

Institute for Wealth Management LLC. reduced its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 10.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,438 shares of the company’s stock after selling 289 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Industrials ETF were worth $537,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VIS. Moneta Group Investment Advisors LLC grew its stake in Vanguard Industrials ETF by 113,268.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 2,684,554 shares of the company’s stock worth $490,307,000 after acquiring an additional 2,682,186 shares in the last quarter. Prudential Financial Inc. boosted its stake in shares of Vanguard Industrials ETF by 521.4% during the first quarter. Prudential Financial Inc. now owns 623,589 shares of the company’s stock valued at $121,270,000 after purchasing an additional 523,240 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Industrials ETF by 242.9% during the third quarter. Envestnet Asset Management Inc. now owns 477,795 shares of the company’s stock valued at $93,161,000 after purchasing an additional 338,466 shares in the last quarter. Destiny Wealth Partners LLC bought a new position in shares of Vanguard Industrials ETF during the fourth quarter valued at approximately $10,756,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Vanguard Industrials ETF by 89.3% during the fourth quarter. JPMorgan Chase & Co. now owns 95,616 shares of the company’s stock valued at $17,463,000 after purchasing an additional 45,102 shares in the last quarter.

Vanguard Industrials ETF Stock Performance

NYSEARCA VIS opened at $232.20 on Friday. Vanguard Industrials ETF has a 52-week low of $182.59 and a 52-week high of $244.72. The firm’s 50 day moving average price is $235.85 and its 200-day moving average price is $217.15. The company has a market cap of $5.06 billion, a PE ratio of 24.96 and a beta of 1.14.

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).