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

Royal Fund Management LLC grew its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 128.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,864 shares of the company’s stock after buying an additional 7,221 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Industrials ETF were worth $3,376,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signature Resources Capital Management LLC purchased a new stake in Vanguard Industrials ETF in the second quarter worth about $32,000. Optimum Investment Advisors lifted its position in shares of Vanguard Industrials ETF by 51.5% in the 1st quarter. Optimum Investment Advisors now owns 147 shares of the company’s stock worth $36,000 after purchasing an additional 50 shares during the period. Woodmont Investment Counsel LLC bought a new position in shares of Vanguard Industrials ETF during the first quarter valued at approximately $37,000. International Assets Investment Management LLC purchased a new position in Vanguard Industrials ETF during the second quarter valued at approximately $40,000. Finally, Able Wealth Management LLC bought a new position in Vanguard Industrials ETF in the fourth quarter worth approximately $42,000.

Vanguard Industrials ETF Stock Performance

Vanguard Industrials ETF stock traded up $1.20 during mid-day trading on Wednesday, reaching $260.98. 6,408 shares of the company were exchanged, compared to its average volume of 81,891. Vanguard Industrials ETF has a 12-month low of $183.29 and a 12-month high of $260.98. The business has a fifty day moving average of $248.71 and a 200 day moving average of $242.36. The firm has a market cap of $5.69 billion, a P/E ratio of 24.56 and a beta of 0.99.

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).