Charles Schwab Investment Management Inc. Sells 2,124 Shares of Vanguard Industrials ETF (NYSEARCA:VIS)

Charles Schwab Investment Management Inc. decreased its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 27.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,669 shares of the company’s stock after selling 2,124 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Vanguard Industrials ETF were worth $1,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Industrials ETF during the 4th quarter worth approximately $34,441,000. Proficio Capital Partners LLC acquired a new position in Vanguard Industrials ETF during the fourth quarter worth $13,720,000. Financial Services Advisory Inc bought a new position in Vanguard Industrials ETF in the fourth quarter valued at $8,916,000. Founders Grove Wealth Partners LLC acquired a new stake in Vanguard Industrials ETF in the 4th quarter valued at $5,858,000. Finally, CX Institutional bought a new stake in Vanguard Industrials ETF during the 4th quarter worth about $5,052,000.

Vanguard Industrials ETF Price Performance

Vanguard Industrials ETF stock opened at $246.19 on Friday. Vanguard Industrials ETF has a one year low of $228.59 and a one year high of $280.63. The company has a market cap of $5.97 billion, a price-to-earnings ratio of 24.28 and a beta of 1.14. The firm has a 50-day moving average of $259.29 and a 200-day moving average of $261.94.

Vanguard Industrials ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.7703 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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).