Pinnacle Associates Ltd. Reduces Stock Position in Vanguard Industrials ETF (NYSEARCA:VIS)

Pinnacle Associates Ltd. reduced its position in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 8.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,335 shares of the company’s stock after selling 1,375 shares during the period. Pinnacle Associates Ltd. owned 0.06% of Vanguard Industrials ETF worth $2,090,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VIS. Kavar Capital Partners LLC purchased a new stake in Vanguard Industrials ETF in the second quarter worth about $36,000. Executive Wealth Management LLC purchased a new stake in Vanguard Industrials ETF in the second quarter worth about $39,000. Meridian Wealth Management LLC purchased a new stake in Vanguard Industrials ETF in the first quarter worth about $54,000. Fiduciary Trust Co. purchased a new stake in Vanguard Industrials ETF in the first quarter worth about $204,000. Finally, Raymond James Trust N.A. purchased a new stake in Vanguard Industrials ETF in the first quarter worth about $211,000.

VIS traded up $0.91 on Thursday, hitting $142.29. The company had a trading volume of 63,116 shares, compared to its average volume of 131,771. Vanguard Industrials ETF has a 52-week low of $112.15 and a 52-week high of $151.35. The stock has a fifty day simple moving average of $144.32 and a 200-day simple moving average of $142.17.

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).

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Institutional Ownership by Quarter for Vanguard Industrials ETF (NYSEARCA:VIS)

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