ETFs

Brookstone Capital Management Acquires Additional Shares of Vanguard Industrials ETF

Published October 13, 2024

Brookstone Capital Management has recently increased its investment in the Vanguard Industrials ETF (NYSEARCA:VIS) by 7.8% during the third quarter. This information was revealed in the firm’s latest 13F filing with the Securities and Exchange Commission (SEC). After purchasing an additional 217 shares, Brookstone now holds a total of 3,011 shares of this ETF, with their holdings valued at approximately $783,000 at the end of the recent quarter.

In addition to Brookstone's transactions, several other institutional investors and hedge funds have also adjusted their positions in the Vanguard Industrials ETF. For example, Signature Resources Capital Management LLC has recently entered the ETF market, acquiring a new stake worth $32,000 during the second quarter. Furthermore, Optimum Investment Advisors increased its investment by 51.5% in the first quarter, now holding 147 shares valued at around $36,000 after adding 50 shares. Similarly, Woodmont Investment Counsel LLC purchased a new stake in the first quarter worth about $37,000, while International Assets Investment Management LLC acquired a new position worth approximately $40,000 during the second quarter. Lastly, Able Wealth Management LLC also bought a new stake during the fourth quarter, valued at $42,000.

Current Performance of Vanguard Industrials ETF

As of the latest trading, shares of Vanguard Industrials ETF opened at $265.14. The fund currently has a market capitalization of $5.78 billion, a price-to-earnings (P/E) ratio of 24.56, and a beta of 0.99. Over the last 50 days, the moving average is $249.88, while the 200-day moving average stands at $242.81. The Vanguard Industrials ETF has seen a low of $183.29 and a high of $265.20 over the past year.

Understanding Vanguard Industrials ETF

The Vanguard Industrials ETF aims to track the performance of the MSCI US Investable Market Industrials 25/50 Index. This index is comprised of a diverse range of large-, mid-, and small-cap stocks in the industrial sectors of the United States, classified under the Global Industry Classification Standard (GICS). Companies in this sector primarily engage in manufacturing and distributing capital goods, providing commercial services, and delivering transportation services.

Brookstone, Investment, Vanguard