Atria Investments Inc has reduced its holdings in the Vanguard Industrials ETF (NYSEARCA: VIS) by 11.1% during the second quarter of 2023, according to a report from HoldingsChannel.com. The firm now owns 13,336 shares after selling 1,667 shares in the period, with a total value of approximately $3,735,000 at the end of this reporting period.
Other institutional investors have also made adjustments to their portfolios concerning Vanguard Industrials ETF. For instance, Brown Advisory Inc increased its position by 8.5% during the first quarter, bringing its total to 2,111 shares valued at $523,000 after acquiring an additional 165 shares. Similarly, LPL Financial LLC raised its stake by 6.8%, now holding 206,456 shares worth around $51,108,000 following the purchase of an extra 13,058 shares.
Another significant increase came from Assetmark Inc, which boosted its holdings by 45.1% in the first quarter, resulting in ownership of 2,583 shares valued at $639,000. In the second quarter, Lodestar Private Asset Management LLC entered the fray by purchasing a new position worth approximately $239,000. Wealth Enhancement Advisory Services LLC also made headlines by increasing its stake by an impressive 280.0%, now owning 31,713 shares valued at $9,021,000 after acquiring an additional 23,367 shares.
Market Performance of Vanguard Industrials ETF
As of Monday, shares of Vanguard Industrials ETF opened at $300.39. The stock has experienced volatility, with a one-year low of $213.26 and a high of $303.51. Its 50-day moving average price stands at $294.41, while the 200-day moving average is $281.08. The ETF currently boasts a market capitalization of $6.39 billion, a price-to-earnings (P/E) ratio of 23.72, and a beta of 1.11, indicating its relative volatility compared to the market.
The Vanguard Industrials ETF aims to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index. This benchmark includes a diverse range of large-, mid-, and small-cap stocks in the industrial sector of the United States, according to the Global Industry Classification Standard (GICS). Companies in this sector engage in various activities, including the manufacture and distribution of capital goods, commercial services, and transportation services.
For further details on hedge fund activities related to Vanguard Industrials ETF, investors can visit HoldingsChannel.com for the latest 13F filings and insider trades. Subscribers can also receive daily summaries of news and analysts’ ratings for the ETF and related companies through MarketBeat.com’s free newsletter.
