McAdam LLC Raises Stock Holdings in Vanguard Industrials ETF $VIS

McAdam LLC boosted its stake in Vanguard Industrials ETF (NYSEARCA:VIS) by 14.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,264 shares of the company’s stock after buying an additional 159 shares during the period. McAdam LLC’s holdings in Vanguard Industrials ETF were worth $354,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. PGIM Custom Harvest LLC raised its holdings in Vanguard Industrials ETF by 1.8% in the 1st quarter. PGIM Custom Harvest LLC now owns 893,994 shares of the company’s stock valued at $221,308,000 after buying an additional 15,697 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Industrials ETF in the 2nd quarter valued at about $109,047,000. Envestnet Asset Management Inc. raised its holdings in Vanguard Industrials ETF by 9.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 380,196 shares of the company’s stock valued at $94,118,000 after buying an additional 32,612 shares during the period. LPL Financial LLC grew its position in Vanguard Industrials ETF by 6.8% in the 1st quarter. LPL Financial LLC now owns 206,456 shares of the company’s stock valued at $51,108,000 after acquiring an additional 13,058 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Vanguard Industrials ETF by 5.7% in the 1st quarter. Cetera Investment Advisers now owns 134,969 shares of the company’s stock valued at $33,412,000 after acquiring an additional 7,241 shares in the last quarter.

Vanguard Industrials ETF Price Performance

NYSEARCA VIS opened at $292.83 on Friday. The company has a market cap of $6.10 billion, a P/E ratio of 23.72 and a beta of 1.14. The stock has a 50-day moving average of $290.77 and a two-hundred day moving average of $270.91. Vanguard Industrials ETF has a 1-year low of $213.26 and a 1-year high of $297.92.

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).