Vanguard Industrials ETF (NYSEARCA:VIS) Sets New 1-Year Low – Here’s What Happened

Vanguard Industrials ETF (NYSEARCA:VIS) hit a new 52-week low on Monday . The stock traded as low as $213.26 and last traded at $213.63, with a volume of 30160 shares trading hands. The stock had previously closed at $224.00.

Vanguard Industrials ETF Stock Performance

The business has a 50 day simple moving average of $253.61 and a 200-day simple moving average of $260.94. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of 23.48 and a beta of 1.07.

Vanguard Industrials ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Industrials ETF

Hedge funds have recently bought and sold shares of the company. Royal Fund Management LLC lifted its position in shares of Vanguard Industrials ETF by 6.4% during the fourth quarter. Royal Fund Management LLC now owns 13,692 shares of the company’s stock valued at $3,523,000 after purchasing an additional 828 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Vanguard Industrials ETF by 20.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 37,190 shares of the company’s stock worth $9,461,000 after buying an additional 6,356 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of Vanguard Industrials ETF by 19.8% in the 4th quarter. Principal Securities Inc. now owns 515 shares of the company’s stock worth $131,000 after buying an additional 85 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Vanguard Industrials ETF in the fourth quarter valued at approximately $26,000. Finally, FMR LLC increased its position in shares of Vanguard Industrials ETF by 7.3% during the third quarter. FMR LLC now owns 14,254 shares of the company’s stock valued at $3,707,000 after acquiring an additional 965 shares during 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).