Raymond James Financial Inc. Reduces Position in Vanguard Industrials ETF $VIS

Raymond James Financial Inc. lessened its position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 0.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 256,667 shares of the company’s stock after selling 2,324 shares during the quarter. Raymond James Financial Inc. owned about 1.06% of Vanguard Industrials ETF worth $63,538,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in Vanguard Industrials ETF by 9.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 380,196 shares of the company’s stock worth $94,118,000 after buying an additional 32,612 shares during the last quarter. LPL Financial LLC grew its stake in Vanguard Industrials ETF by 6.8% during the 1st quarter. LPL Financial LLC now owns 206,456 shares of the company’s stock worth $51,108,000 after buying an additional 13,058 shares during the last quarter. Stifel Financial Corp grew its stake in Vanguard Industrials ETF by 4.8% during the 4th quarter. Stifel Financial Corp now owns 163,990 shares of the company’s stock worth $41,720,000 after buying an additional 7,503 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Vanguard Industrials ETF by 30.5% in the 4th quarter. Royal Bank of Canada now owns 153,977 shares of the company’s stock valued at $39,170,000 after purchasing an additional 35,966 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Industrials ETF by 10.5% in the 4th quarter. Ameriprise Financial Inc. now owns 144,294 shares of the company’s stock valued at $36,740,000 after purchasing an additional 13,742 shares during the last quarter.

Vanguard Industrials ETF Trading Down 0.3%

Shares of VIS stock opened at $288.81 on Thursday. The business’s 50 day moving average is $284.19 and its two-hundred day moving average is $264.98. Vanguard Industrials ETF has a twelve month low of $213.26 and a twelve month high of $295.78. The company has a market capitalization of $6.02 billion, a P/E ratio of 23.72 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).