Cornerstone Wealth Management LLC Makes New $203,000 Investment in Vanguard Industrials ETF (NYSEARCA:VIS)

Cornerstone Wealth Management LLC acquired a new stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 782 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds have also made changes to their positions in the company. Wulff Hansen & CO. lifted its position in Vanguard Industrials ETF by 23,422.0% during the 2nd quarter. Wulff Hansen & CO. now owns 279,912 shares of the company’s stock worth $65,841,000 after acquiring an additional 278,722 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard Industrials ETF by 11.6% during the 2nd quarter. LPL Financial LLC now owns 176,795 shares of the company’s stock valued at $41,586,000 after purchasing an additional 18,392 shares during the period. Cetera Investment Advisers grew its holdings in Vanguard Industrials ETF by 800.9% in the 1st quarter. Cetera Investment Advisers now owns 144,114 shares of the company’s stock valued at $35,186,000 after buying an additional 128,117 shares during the last quarter. Compass Financial Group INC SD increased its position in Vanguard Industrials ETF by 1.1% in the 2nd quarter. Compass Financial Group INC SD now owns 132,165 shares of the company’s stock worth $31,088,000 after buying an additional 1,436 shares during the period. Finally, Strategic Financial Concepts LLC acquired a new position in shares of Vanguard Industrials ETF during the second quarter worth approximately $30,527,000.

Vanguard Industrials ETF Trading Up 0.2 %

Shares of Vanguard Industrials ETF stock opened at $267.30 on Friday. Vanguard Industrials ETF has a 1 year low of $183.29 and a 1 year high of $267.90. The company’s fifty day simple moving average is $252.98 and its 200-day simple moving average is $243.63. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 24.56 and a beta of 0.99.

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).