Avantax Planning Partners Inc. Sells 2,886 Shares of Vanguard Industrials ETF $VIS

Avantax Planning Partners Inc. lowered its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 58.7% in the fourth quarter, Holdings Channel reports. The fund owned 2,031 shares of the company’s stock after selling 2,886 shares during the quarter. Avantax Planning Partners Inc.’s holdings in Vanguard Industrials ETF were worth $606,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BBR Partners LLC acquired a new stake in Vanguard Industrials ETF in the third quarter valued at approximately $551,000. Crown Wealth Group LLC acquired a new stake in Vanguard Industrials ETF in the fourth quarter valued at approximately $3,246,000. Calder Financial LLC bought a new stake in Vanguard Industrials ETF during the 4th quarter worth $2,011,000. Empirical Asset Management LLC bought a new stake in Vanguard Industrials ETF during the 3rd quarter worth $3,049,000. Finally, Clear Creek Financial Management LLC grew its position in Vanguard Industrials ETF by 18.7% during the 4th quarter. Clear Creek Financial Management LLC now owns 21,396 shares of the company’s stock worth $6,384,000 after acquiring an additional 3,376 shares during the last quarter.

Vanguard Industrials ETF Stock Down 2.0%

Shares of VIS stock opened at $334.48 on Friday. The firm has a market capitalization of $7.58 billion, a P/E ratio of 23.72 and a beta of 1.06. Vanguard Industrials ETF has a twelve month low of $263.60 and a twelve month high of $347.09. The stock’s fifty day simple moving average is $327.61 and its 200 day simple moving average is $317.27.

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).