Apexium Financial LP Lowers Stock Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Apexium Financial LP trimmed its holdings in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 3.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,544 shares of the company’s stock after selling 115 shares during the period. Apexium Financial LP’s holdings in Vanguard Industrials ETF were worth $902,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Marks Wealth LLC purchased a new position in shares of Vanguard Industrials ETF in the 3rd quarter valued at about $11,437,000. Janney Montgomery Scott LLC purchased a new position in Vanguard Industrials ETF during the 3rd quarter valued at about $8,019,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Industrials ETF by 715.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 29,388 shares of the company’s stock valued at $7,643,000 after purchasing an additional 25,782 shares in the last quarter. Founders Grove Wealth Partners LLC acquired a new stake in shares of Vanguard Industrials ETF in the fourth quarter valued at approximately $5,858,000. Finally, Raymond James & Associates lifted its stake in Vanguard Industrials ETF by 22.3% in the 3rd quarter. Raymond James & Associates now owns 122,647 shares of the company’s stock valued at $31,897,000 after buying an additional 22,382 shares in the last quarter.

Vanguard Industrials ETF Price Performance

NYSEARCA VIS opened at $272.35 on Monday. The company has a market cap of $5.94 billion, a P/E ratio of 24.56 and a beta of 0.99. Vanguard Industrials ETF has a 12 month low of $217.63 and a 12 month high of $280.63. The company has a 50-day moving average of $265.70 and a 200-day moving average of $257.38.

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).