Wingate Wealth Advisors Inc. Invests $57,000 in Vanguard Materials ETF (NYSEARCA:VAW)

Wingate Wealth Advisors Inc. acquired a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 305 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its holdings in Vanguard Materials ETF by 0.6% in the third quarter. Empower Advisory Group LLC now owns 308,249 shares of the company’s stock valued at $65,185,000 after acquiring an additional 1,939 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Vanguard Materials ETF by 7.5% during the third quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after purchasing an additional 5,802 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Materials ETF by 7.9% during the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after purchasing an additional 4,308 shares in the last quarter. Strengthening Families & Communities LLC lifted its stake in shares of Vanguard Materials ETF by 2.8% during the third quarter. Strengthening Families & Communities LLC now owns 42,603 shares of the company’s stock worth $9,009,000 after purchasing an additional 1,177 shares in the last quarter. Finally, KCM Investment Advisors LLC lifted its stake in shares of Vanguard Materials ETF by 0.4% during the third quarter. KCM Investment Advisors LLC now owns 41,438 shares of the company’s stock worth $8,763,000 after purchasing an additional 184 shares in the last quarter.

Vanguard Materials ETF Price Performance

Shares of VAW opened at $197.60 on Tuesday. The stock’s 50-day moving average is $195.64 and its two-hundred day moving average is $201.93. The stock has a market cap of $2.93 billion, a PE ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 12 month low of $181.04 and a 12 month high of $215.82.

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.