Brookstone Capital Management Increases Holdings in Vanguard Industrials ETF

Brookstone Capital Management announced that it has increased its investment in the Vanguard Industrials ETF (NYSEARCA:VIS) by 7.8% during the third quarter of the year. This information comes from the firm’s recent 13F filing with the Securities and Exchange Commission (SEC). After purchasing an additional 217 shares, Brookstone now holds a total of 3,011 shares in the ETF, which is valued at approximately $783,000 as of the end of the most recent quarter.

Other institutional investors and hedge funds have also made adjustments to their stakes in the Vanguard Industrials ETF. For example, Signature Resources Capital Management LLC entered a new position in the ETF during the second quarter, investing about $32,000. Meanwhile, Optimum Investment Advisors increased its stake by an impressive 51.5% in the first quarter, bringing its total to 147 shares worth around $36,000 after acquiring an additional 50 shares.

Additionally, Woodmont Investment Counsel LLC obtained a new position in the Vanguard Industrials ETF with an investment of approximately $37,000 during the first quarter. International Assets Investment Management LLC also acquired a new stake in the second quarter, valued at around $40,000. Finally, Able Wealth Management LLC entered the investment sphere in this ETF during the fourth quarter with a stake worth about $42,000.

Current Performance of Vanguard Industrials ETF

As of October 13, 2024, the Vanguard Industrials ETF's stock opened at $265.14. The firm boasts a market capitalization of $5.78 billion, a price-to-earnings (P/E) ratio of 24.56, and a beta of 0.99. Its stock has experienced a 50-day moving average of $249.88 and a 200-day moving average of $242.81. Over the past year, the ETF has had a low of $183.29 and a high of $265.20.

Overview of Vanguard Industrials ETF

The Vanguard Industrials ETF aims to track the performance of the MSCI US Investable Market Industrials 25/50 Index. This index serves as a benchmark for large-, mid-, and small-cap stocks in the United States that are part of the industrial sector, per the Global Industry Classification Standard (GICS). The industrial sector includes companies primarily engaged in manufacturing and distributing capital goods, providing commercial services and supplies, or offering transportation services.

Investments, Stocks, ETF