Praetorian Wealth Management Inc. Has $3.43 Million Position in Vanguard Materials ETF $VAW

Praetorian Wealth Management Inc. grew its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 541.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,980 shares of the company’s stock after acquiring an additional 12,646 shares during the period. Praetorian Wealth Management Inc. owned 0.11% of Vanguard Materials ETF worth $3,427,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Materials ETF during the fourth quarter valued at $25,000. Godfrey Financial Associates Inc. purchased a new position in Vanguard Materials ETF in the fourth quarter valued at about $26,000. Parkside Financial Bank & Trust grew its stake in Vanguard Materials ETF by 333.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Howe & Rusling Inc. acquired a new position in Vanguard Materials ETF in the 1st quarter worth about $30,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in Vanguard Materials ETF in the 4th quarter worth about $30,000.

Vanguard Materials ETF Price Performance

VAW opened at $232.97 on Friday. The company has a market capitalization of $3.08 billion, a PE ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a fifty-two week low of $190.29 and a fifty-two week high of $245.26. The business has a 50-day moving average of $229.37 and a 200-day moving average of $230.65.

Vanguard Materials ETF Company 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.