Vanguard Industrials ETF (NYSEARCA:VIS) Hits New 52-Week High – Time to Buy?

Vanguard Industrials ETF (NYSEARCA:VIS) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $356.42 and last traded at $355.87, with a volume of 43617 shares changing hands. The stock had previously closed at $353.56.

Vanguard Industrials ETF Trading Up 0.6%

The company’s 50 day moving average is $338.99 and its 200 day moving average is $325.66. The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 23.72 and a beta of 1.04.

Hedge Funds Weigh In On Vanguard Industrials ETF

Large investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in Vanguard Industrials ETF by 7.7% during the first quarter. NewEdge Advisors LLC now owns 1,392 shares of the company’s stock worth $345,000 after buying an additional 99 shares during the period. Goldman Sachs Group Inc. raised its stake in Vanguard Industrials ETF by 141.6% during the first quarter. Goldman Sachs Group Inc. now owns 38,808 shares of the company’s stock worth $9,607,000 after purchasing an additional 22,746 shares during the period. Jane Street Group LLC boosted its holdings in shares of Vanguard Industrials ETF by 244.0% in the 1st quarter. Jane Street Group LLC now owns 10,393 shares of the company’s stock valued at $2,573,000 after purchasing an additional 7,372 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Vanguard Industrials ETF by 14.3% during the 1st quarter. Focus Partners Wealth now owns 1,385 shares of the company’s stock valued at $343,000 after buying an additional 173 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in shares of Vanguard Industrials ETF by 12.1% during the 2nd quarter. Baird Financial Group Inc. now owns 10,692 shares of the company’s stock worth $2,995,000 after buying an additional 1,158 shares during the last quarter.

Vanguard Industrials ETF Company 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).