Brookstone Capital Management Increases Holdings in Vanguard Industrials ETF

Brookstone Capital Management has reported a 7.8% increase in its holdings of the Vanguard Industrials ETF (NYSEARCA:VIS) for the third quarter. This information was revealed in the firm’s latest 13F filing with the Securities and Exchange Commission (SEC).

At the end of the third quarter, Brookstone Capital Management owned a total of 3,011 shares of the Vanguard Industrials ETF. This figure reflects the addition of 217 shares purchased during that quarter. In total, Brookstone's investment in VIS is valued at approximately $783,000.

In addition to Brookstone, several other institutional investors and hedge funds have also made adjustments to their holdings of the Vanguard Industrials ETF. Signature Resources Capital Management LLC, for instance, acquired a new position in the ETF during the second quarter, amounting to $32,000. Moreover, Optimum Investment Advisors increased its stake in the ETF by 51.5% in the first quarter, holding 147 shares worth about $36,000 after adding 50 new shares.

Other institutions, such as Woodmont Investment Counsel LLC and International Assets Investment Management LLC, also made new investments in VIS during the first and second quarters, valued at approximately $37,000 and $40,000, respectively. Finally, Able Wealth Management LLC invested roughly $42,000 in Vanguard Industrials ETF during the fourth quarter, marking its entry into this investment.

Performance of Vanguard Industrials ETF

As of Friday, Vanguard Industrials ETF shares showed a trading increase of 1.9%, opening at $265.14. The ETF has a market capitalization of $5.78 billion, a P/E ratio of 24.56, and a beta of 0.99. Its 50-day moving average stands at $249.88, while the 200-day moving average is at $242.81. Over the past year, the ETF has experienced significant fluctuations, with a low of $183.29 and a high reaching $265.20.

Vanguard Industrials ETF Overview

The Vanguard Industrials ETF aims to track the investment performance of the MSCI US Investable Market Industrials 25/50 Index. This index serves as a benchmark for large-, mid-, and small-cap U.S. stocks categorized within the industrial sector, according to the Global Industry Classification Standard (GICS). Companies in this sector are primarily engaged in the production and distribution of capital goods, including but not limited to aerospace and defense, construction, electrical equipment, and industrial machinery. Additionally, the ETF covers commercial services and transportation sectors.

This recent activity in the Vanguard Industrials ETF emphasizes the ongoing interest from institutional investors in this industrial-sector-focused fund, reflecting confidence in the growth potential of companies operating within this space.

Investment, ETFs, Finance