Guardian Wealth Management LLC Takes Position in Vanguard Materials ETF $VAW

Guardian Wealth Management LLC purchased a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,047 shares of the company’s stock, valued at approximately $5,406,000. Vanguard Materials ETF accounts for approximately 1.7% of Guardian Wealth Management LLC’s portfolio, making the stock its 19th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. raised its stake in Vanguard Materials ETF by 1,541.2% in the 2nd quarter. Beacon Capital Management Inc. now owns 461,049 shares of the company’s stock valued at $89,826,000 after acquiring an additional 432,957 shares during the period. Strategic Investment Advisors MI bought a new position in Vanguard Materials ETF during the third quarter worth about $36,562,000. Corient Private Wealth LLC boosted its position in Vanguard Materials ETF by 87.1% during the second quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock worth $28,645,000 after purchasing an additional 68,427 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Materials ETF by 23.5% in the third quarter. Envestnet Asset Management Inc. now owns 272,665 shares of the company’s stock worth $55,858,000 after purchasing an additional 51,929 shares in the last quarter. Finally, Polianta Ltd purchased a new position in shares of Vanguard Materials ETF in the fourth quarter worth about $9,215,000.

Vanguard Materials ETF Price Performance

NYSEARCA VAW opened at $227.99 on Friday. The firm has a market cap of $3.00 billion, a P/E ratio of 23.02 and a beta of 1.06. The company’s 50 day moving average is $230.97 and its 200-day moving average is $214.45. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month 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.