Independent Financial Group LLC Takes $707,000 Position in Vanguard Materials ETF $VAW

Independent Financial Group LLC bought a new stake in Vanguard Materials ETF (NYSEARCA:VAW) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,137 shares of the company’s stock, valued at approximately $707,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC boosted its stake in Vanguard Materials ETF by 7,904.5% during the fourth quarter. Ameritas Advisory Services LLC now owns 106,700 shares of the company’s stock worth $22,146,000 after buying an additional 105,367 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard Materials ETF by 87.1% in the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock valued at $28,645,000 after buying an additional 68,427 shares in the last quarter. Polianta Ltd bought a new position in shares of Vanguard Materials ETF during the 4th quarter worth about $9,215,000. Raymond James Financial Inc. lifted its holdings in shares of Vanguard Materials ETF by 36.1% during the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after acquiring an additional 43,024 shares during the period. Finally, Guardian Wealth Management LLC acquired a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at about $5,406,000.

Vanguard Materials ETF Stock Performance

Shares of Vanguard Materials ETF stock opened at $222.83 on Wednesday. The firm has a market cap of $2.95 billion, a P/E ratio of 23.02 and a beta of 0.96. The firm’s 50-day simple moving average is $229.59 and its 200-day simple moving average is $229.90. Vanguard Materials ETF has a twelve month low of $190.29 and a twelve month high of $245.26.

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.