Sound Financial Strategies Group LLC Purchases Shares of 23,881 Vanguard Materials ETF $VAW

Sound Financial Strategies Group LLC acquired a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 2nd quarter, Holdings Channel reports. The firm acquired 23,881 shares of the company’s stock, valued at approximately $3,242,000. Vanguard Materials ETF accounts for 2.1% of Sound Financial Strategies Group LLC’s holdings, making the stock its 10th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Lighthouse Financial Services Inc. ADV acquired a new position in shares of Vanguard Materials ETF during the fourth quarter worth approximately $4,852,000. Fifth Third Bancorp grew its position in Vanguard Materials ETF by 307.4% in the 1st quarter. Fifth Third Bancorp now owns 8,865 shares of the company’s stock valued at $1,998,000 after purchasing an additional 6,689 shares during the period. Park National Corp OH increased its stake in Vanguard Materials ETF by 11.4% during the 1st quarter. Park National Corp OH now owns 28,403 shares of the company’s stock valued at $6,400,000 after purchasing an additional 2,905 shares in the last quarter. NewEdge Advisors LLC increased its stake in Vanguard Materials ETF by 457.4% during the 1st quarter. NewEdge Advisors LLC now owns 16,543 shares of the company’s stock valued at $3,728,000 after purchasing an additional 13,575 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in Vanguard Materials ETF by 20.3% during the 1st quarter. Private Advisor Group LLC now owns 15,389 shares of the company’s stock valued at $3,468,000 after purchasing an additional 2,596 shares in the last quarter.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA VAW opened at $231.60 on Wednesday. The company has a 50-day moving average price of $230.06 and a 200-day moving average price of $231.04. The stock has a market capitalization of $3.06 billion, a P/E ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a 1 year low of $190.29 and a 1 year 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.