Sound Financial Strategies Group LLC Takes $3.24 Million Position in Vanguard Materials ETF $VAW

Sound Financial Strategies Group LLC bought a new stake in Vanguard Materials ETF (NYSEARCA:VAW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,881 shares of the company’s stock, valued at approximately $3,242,000. Vanguard Materials ETF accounts for 2.1% of Sound Financial Strategies Group LLC’s holdings, making the stock its 10th largest position. Sound Financial Strategies Group LLC owned approximately 0.18% of Vanguard Materials ETF at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Dodds Wealth LLC bought a new position in shares of Vanguard Materials ETF in the 2nd quarter worth about $201,000. Farrell Financial LLC boosted its position in shares of Vanguard Materials ETF by 1.8% during the 2nd quarter. Farrell Financial LLC now owns 7,483 shares of the company’s stock valued at $1,712,000 after purchasing an additional 129 shares in the last quarter. City Holding Co. boosted its position in shares of Vanguard Materials ETF by 98.5% during the 2nd quarter. City Holding Co. now owns 1,713 shares of the company’s stock valued at $392,000 after purchasing an additional 850 shares in the last quarter. Spinnaker Investment Group LLC grew its stake in Vanguard Materials ETF by 23.5% during the second quarter. Spinnaker Investment Group LLC now owns 4,158 shares of the company’s stock worth $951,000 after purchasing an additional 790 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its stake in Vanguard Materials ETF by 6.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 25,443 shares of the company’s stock worth $5,821,000 after purchasing an additional 1,627 shares during the period.

Vanguard Materials ETF Stock Performance

Shares of VAW stock opened at $231.60 on Wednesday. Vanguard Materials ETF has a fifty-two week low of $190.29 and a fifty-two week high of $245.26. The stock has a 50 day simple moving average of $230.06 and a two-hundred day simple moving average of $231.04. The company has a market cap of $3.06 billion, a P/E ratio of 23.02 and a beta of 0.97.

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.