Meridian Wealth Advisors LLC Decreases Stake in Vanguard Industrials ETF (NYSEARCA:VIS)

Meridian Wealth Advisors LLC lowered its position in Vanguard Industrials ETF (NYSEARCA:VIS) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,745 shares of the company’s stock after selling 125 shares during the quarter. Meridian Wealth Advisors LLC’s holdings in Vanguard Industrials ETF were worth $444,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VIS. Wealthfront Advisers LLC boosted its holdings in Vanguard Industrials ETF by 276,157.4% in the fourth quarter. Wealthfront Advisers LLC now owns 4,635,600 shares of the company’s stock valued at $1,179,250,000 after purchasing an additional 4,633,922 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at approximately $65,885,000. Strategic Financial Concepts LLC acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at approximately $34,441,000. Proficio Capital Partners LLC acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at approximately $13,720,000. Finally, Financial Services Advisory Inc acquired a new position in Vanguard Industrials ETF in the fourth quarter valued at approximately $8,916,000.

Vanguard Industrials ETF Stock Down 0.7 %

Shares of VIS opened at $250.20 on Friday. The stock has a 50 day moving average price of $260.27 and a 200 day moving average price of $261.63. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 24.28 and a beta of 1.14. Vanguard Industrials ETF has a 52-week low of $228.59 and a 52-week 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).