Founders Grove Wealth Partners LLC Makes New $5.86 Million Investment in Vanguard Industrials ETF (NYSEARCA:VIS)

Founders Grove Wealth Partners LLC bought a new position in Vanguard Industrials ETF (NYSEARCA:VIS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 23,026 shares of the company’s stock, valued at approximately $5,858,000. Vanguard Industrials ETF comprises approximately 1.7% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its 18th largest position.

Other institutional investors have also recently bought and sold shares of the company. MTM Investment Management LLC purchased a new position in shares of Vanguard Industrials ETF in the 3rd quarter worth about $123,000. FMR LLC raised its holdings in Vanguard Industrials ETF by 7.3% in the third quarter. FMR LLC now owns 14,254 shares of the company’s stock valued at $3,707,000 after buying an additional 965 shares during the period. Raymond James & Associates raised its holdings in Vanguard Industrials ETF by 22.3% in the third 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 during the period. Creative Planning lifted its position in Vanguard Industrials ETF by 5.0% during the third quarter. Creative Planning now owns 17,720 shares of the company’s stock valued at $4,608,000 after buying an additional 840 shares in the last quarter. Finally, Hilltop Holdings Inc. purchased a new stake in Vanguard Industrials ETF during the third quarter worth approximately $443,000.

Vanguard Industrials ETF Trading Up 1.3 %

Shares of VIS stock opened at $260.04 on Wednesday. The company has a market cap of $5.67 billion, a PE ratio of 24.56 and a beta of 0.99. The company’s fifty day simple moving average is $266.46 and its 200-day simple moving average is $255.56. Vanguard Industrials ETF has a 52 week low of $211.77 and a 52 week high of $280.63.

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).