Vanguard Industrials ETF (NYSEARCA:VIS) Stock Passes Below 50-Day Moving Average – Here’s Why

Shares of Vanguard Industrials ETF (NYSEARCA:VIS) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $345.52 and traded as low as $323.24. Vanguard Industrials ETF shares last traded at $325.92, with a volume of 181,276 shares traded.

Vanguard Industrials ETF Stock Performance

The stock has a market capitalization of $7.61 billion, a PE ratio of 23.72 and a beta of 1.04. The stock’s 50 day moving average is $344.97 and its two-hundred day moving average is $338.90.

Institutional Trading of Vanguard Industrials ETF

Several large investors have recently made changes to their positions in VIS. Bank of America Corp DE grew its holdings in shares of Vanguard Industrials ETF by 0.3% during the first quarter. Bank of America Corp DE now owns 3,925,230 shares of the company’s stock worth $1,225,535,000 after buying an additional 12,883 shares in the last quarter. Royal Bank of Canada grew its stake in Vanguard Industrials ETF by 14.1% during the 1st quarter. Royal Bank of Canada now owns 149,005 shares of the company’s stock valued at $46,521,000 after acquiring an additional 18,409 shares in the last quarter. HighTower Advisors LLC raised its holdings in Vanguard Industrials ETF by 2.4% in the 4th quarter. HighTower Advisors LLC now owns 143,594 shares of the company’s stock valued at $42,846,000 after acquiring an additional 3,319 shares during the last quarter. Lido Advisors LLC lifted its stake in Vanguard Industrials ETF by 6.9% in the 1st quarter. Lido Advisors LLC now owns 110,050 shares of the company’s stock worth $34,360,000 after purchasing an additional 7,113 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Industrials ETF by 9.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 104,504 shares of the company’s stock worth $31,182,000 after purchasing an additional 9,379 shares in the last quarter.

Vanguard Industrials ETF Company 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).