Starfire Investment Advisers Inc. purchased a new stake in Vanguard Materials ETF (NYSEARCA:VAW) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 36,636 shares of the company’s stock, valued at approximately $4,630,000. Vanguard Materials ETF comprises approximately 1.9% of Starfire Investment Advisers Inc.’s portfolio, making the stock its 15th biggest position.
A number of other hedge funds and other institutional investors have also modified their holdings of VAW. IHT Wealth Management LLC increased its holdings in shares of Vanguard Materials ETF by 2.7% in the 2nd quarter. IHT Wealth Management LLC now owns 3,286 shares of the company’s stock valued at $421,000 after purchasing an additional 85 shares during the period. Cedar Brook Financial Partners LLC increased its holdings in Vanguard Materials ETF by 1.0% in the second quarter. Cedar Brook Financial Partners LLC now owns 9,574 shares of the company’s stock worth $1,227,000 after buying an additional 92 shares during the last quarter. United Capital Financial Advisers LLC increased its holdings in Vanguard Materials ETF by 1.6% in the second quarter. United Capital Financial Advisers LLC now owns 6,271 shares of the company’s stock worth $804,000 after buying an additional 101 shares during the last quarter. Exchange Capital Management Inc. increased its holdings in Vanguard Materials ETF by 0.9% in the second quarter. Exchange Capital Management Inc. now owns 13,772 shares of the company’s stock worth $1,766,000 after buying an additional 126 shares during the last quarter. Finally, Spearhead Capital Advisors LLC increased its holdings in Vanguard Materials ETF by 6.0% in the second quarter. Spearhead Capital Advisors LLC now owns 3,572 shares of the company’s stock worth $458,000 after buying an additional 201 shares during the last quarter.
NYSEARCA:VAW traded up $0.35 during mid-day trading on Tuesday, reaching $124.21. The stock had a trading volume of 414 shares, compared to its average volume of 113,425. The business’s 50 day moving average is $124.35 and its 200 day moving average is $124.61. Vanguard Materials ETF has a fifty-two week low of $103.54 and a fifty-two week high of $130.27.
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.
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