Modera Wealth Management LLC Purchases New Holdings in Vanguard Materials ETF $VAW

Modera Wealth Management LLC purchased a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 3rd quarter, HoldingsChannel reports. The firm purchased 4,813 shares of the company’s stock, valued at approximately $1,050,000.

A number of other large investors also recently modified their holdings of the business. Cranbrook Wealth Management LLC acquired a new stake in shares of Vanguard Materials ETF in the third quarter worth $380,000. Choreo LLC increased its position in Vanguard Materials ETF by 3.8% during the third quarter. Choreo LLC now owns 1,301 shares of the company’s stock worth $284,000 after acquiring an additional 48 shares during the period. D.A. Davidson & CO. bought a new position in Vanguard Materials ETF during the third quarter worth $1,361,000. BOKF NA bought a new position in Vanguard Materials ETF during the third quarter worth $652,000. Finally, Ashton Thomas Securities LLC acquired a new position in Vanguard Materials ETF during the 3rd quarter valued at $34,000.

Vanguard Materials ETF Price Performance

NYSEARCA:VAW opened at $232.69 on Tuesday. Vanguard Materials ETF has a one year low of $190.29 and a one year high of $245.26. The company has a fifty day moving average price of $227.23 and a 200 day moving average price of $229.97. The stock has a market cap of $3.34 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.