Ameritas Advisory Services LLC Boosts Stake in Vanguard Materials ETF $VAW

Ameritas Advisory Services LLC raised its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 7,904.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 106,700 shares of the company’s stock after acquiring an additional 105,367 shares during the period. Vanguard Materials ETF makes up about 0.8% of Ameritas Advisory Services LLC’s investment portfolio, making the stock its 28th largest position. Ameritas Advisory Services LLC’s holdings in Vanguard Materials ETF were worth $22,146,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VAW. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Materials ETF in the 4th quarter worth about $25,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Materials ETF in the 3rd quarter worth about $30,000. Paladin Advisory Group LLC purchased a new position in shares of Vanguard Materials ETF in the 3rd quarter worth about $56,000. NBT Bank N A NY boosted its holdings in shares of Vanguard Materials ETF by 33.3% in the 3rd quarter. NBT Bank N A NY now owns 296 shares of the company’s stock worth $61,000 after purchasing an additional 74 shares in the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard Materials ETF in the 4th quarter worth about $62,000.

Vanguard Materials ETF Trading Down 0.2%

VAW opened at $235.99 on Wednesday. The stock has a 50-day moving average price of $229.46 and a 200-day moving average price of $219.89. Vanguard Materials ETF has a 12-month low of $187.58 and a 12-month high of $245.26. The stock has a market capitalization of $3.07 billion, a P/E ratio of 23.02 and a beta of 0.97.

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.