Royal Fund Management LLC Grows Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Royal Fund Management LLC grew its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,734 shares of the company’s stock after buying an additional 717 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Industrials ETF were worth $1,270,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VIS. Envestnet Asset Management Inc. grew its stake in Vanguard Industrials ETF by 242.9% during the 3rd 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 during the last quarter. Destiny Wealth Partners LLC purchased a new stake in Vanguard Industrials ETF during the 4th quarter valued at about $10,756,000. Envestnet Portfolio Solutions Inc. purchased a new stake in Vanguard Industrials ETF during the 3rd quarter valued at about $7,268,000. International Assets Investment Management LLC purchased a new stake in Vanguard Industrials ETF during the 4th quarter valued at about $7,119,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Vanguard Industrials ETF by 43.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 101,174 shares of the company’s stock valued at $22,302,000 after purchasing an additional 30,716 shares during the last quarter.

Vanguard Industrials ETF Stock Up 0.7 %

Shares of VIS traded up $1.68 during mid-day trading on Friday, reaching $237.47. The company had a trading volume of 53,517 shares, compared to its average volume of 89,712. Vanguard Industrials ETF has a 52-week low of $183.29 and a 52-week high of $244.72. The stock has a market capitalization of $5.18 billion, a P/E ratio of 24.56 and a beta of 0.99. The stock has a 50 day moving average of $237.27 and a two-hundred day moving average of $219.70.

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).