Vanguard Materials ETF $VAW Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 457.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 16,543 shares of the company’s stock after acquiring an additional 13,575 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Materials ETF were worth $3,728,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VAW. RBA Wealth Management LLC lifted its position in Vanguard Materials ETF by 3.8% in the fourth quarter. RBA Wealth Management LLC now owns 1,187 shares of the company’s stock valued at $246,000 after acquiring an additional 44 shares during the last quarter. Comerica Bank increased its position in shares of Vanguard Materials ETF by 0.9% during the fourth quarter. Comerica Bank now owns 6,474 shares of the company’s stock worth $1,344,000 after purchasing an additional 57 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Vanguard Materials ETF by 46.2% during the fourth quarter. Root Financial Partners LLC now owns 212 shares of the company’s stock worth $44,000 after purchasing an additional 67 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in shares of Vanguard Materials ETF by 3.0% in the 4th quarter. Wedbush Securities Inc. now owns 2,344 shares of the company’s stock valued at $486,000 after purchasing an additional 68 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in shares of Vanguard Materials ETF by 0.6% in the 4th quarter. Private Advisor Group LLC now owns 12,793 shares of the company’s stock valued at $2,655,000 after purchasing an additional 73 shares during the period.

Vanguard Materials ETF Stock Down 1.1%

NYSEARCA:VAW opened at $235.48 on Thursday. The stock’s 50 day moving average price is $229.68 and its 200 day moving average price is $230.95. The company has a market capitalization of $3.12 billion, a PE ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a 52-week low of $190.29 and a 52-week high of $245.26.

About Vanguard Materials ETF

Vanguard Materials ETF seeks to track the investment performance of the MSCI US Investable Market Materials 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the materials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies in a wide range of commodity-related manufacturing industries. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.