Avantax Advisory Services Inc. Sells 521 Shares of Vanguard Industrials ETF (NYSEARCA:VIS)

Avantax Advisory Services Inc. decreased its stake in shares of Vanguard Industrials ETF (NYSEARCA:VIS) by 4.0% during the fourth quarter, Holdings Channel reports. The firm owned 12,539 shares of the company’s stock after selling 521 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard Industrials ETF were worth $3,190,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Industrials ETF by 276,157.4% during the 4th quarter. Wealthfront Advisers LLC now owns 4,635,600 shares of the company’s stock valued at $1,179,250,000 after buying an additional 4,633,922 shares during the period. Raymond James Financial Inc. bought a new position in Vanguard Industrials ETF in the fourth quarter valued at about $65,885,000. Strategic Financial Concepts LLC purchased a new position in Vanguard Industrials ETF in the fourth quarter worth about $34,441,000. Proficio Capital Partners LLC purchased a new position in Vanguard Industrials ETF in the fourth quarter worth about $13,720,000. Finally, Financial Services Advisory Inc bought a new stake in shares of Vanguard Industrials ETF during the 4th quarter valued at about $8,916,000.

Vanguard Industrials ETF Stock Up 2.0 %

Shares of NYSEARCA:VIS opened at $248.61 on Friday. The stock has a market capitalization of $6.02 billion, a PE ratio of 24.28 and a beta of 1.14. The firm’s 50 day moving average price is $260.75 and its 200-day moving average price is $261.59. Vanguard Industrials ETF has a twelve month low of $228.59 and a twelve month high of $280.63.

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).