Vermont Trust Acquires 91,239 Shares of Honeywell Aerospace

Trust Co. of Vermont has made its first investment in Honeywell Aerospace (NASDAQ:HONA), purchasing 91,239 shares worth approximately $20.4 million according to a recent SEC filing.

The new stake represents the fund's entry into the aerospace sector and comes as several other institutional investors have also increased their holdings in HONA during the second quarter.

Honeywell Aerospace's stock price opened at $161.56 on Tuesday, with a market capitalization of over $51 billion and a P/E ratio of 86.40.