LRI Investments LLC Purchases 2,931 Shares of Vanguard Materials ETF $VAW

LRI Investments LLC lifted its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 11.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,431 shares of the company’s stock after buying an additional 2,931 shares during the quarter. LRI Investments LLC owned approximately 0.21% of Vanguard Materials ETF worth $5,901,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in Vanguard Materials ETF by 748.6% during the first quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock valued at $2,798,000 after acquiring an additional 13,071 shares during the period. Focus Partners Wealth purchased a new position in shares of Vanguard Materials ETF in the first quarter valued at about $272,000. NewEdge Advisors LLC boosted its stake in shares of Vanguard Materials ETF by 119.6% in the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock worth $556,000 after acquiring an additional 1,553 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Materials ETF by 2.1% in the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after acquiring an additional 5,920 shares during the period. Finally, Quantinno Capital Management LP grew its position in shares of Vanguard Materials ETF by 76.1% during the second quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after purchasing an additional 4,681 shares in the last quarter.

Vanguard Materials ETF Trading Up 0.5%

Shares of VAW opened at $233.25 on Friday. The business’s 50 day moving average is $229.92 and its 200 day moving average is $219.20. The company has a market capitalization of $3.03 billion, a PE ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a 12-month low of $186.35 and a 12-month high of $245.26.

Vanguard Materials ETF Profile

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.