Sequoia Financial Advisors LLC Makes New $534,000 Investment in Vanguard Materials ETF (NYSEARCA:VAW)

Sequoia Financial Advisors LLC bought a new stake in Vanguard Materials ETF (NYSEARCA:VAW) during the fourth quarter, HoldingsChannel reports. The firm bought 2,845 shares of the company’s stock, valued at approximately $534,000.

Several other large investors have also modified their holdings of the stock. Laidlaw Wealth Management LLC increased its holdings in Vanguard Materials ETF by 2.8% in the fourth quarter. Laidlaw Wealth Management LLC now owns 1,866 shares of the company’s stock valued at $351,000 after buying an additional 51 shares during the last quarter. First Financial Corp IN grew its position in shares of Vanguard Materials ETF by 2.1% in the 4th quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock worth $509,000 after acquiring an additional 56 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Vanguard Materials ETF by 50.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after acquiring an additional 70 shares during the last quarter. Mason Investment Advisory Services Inc. raised its position in shares of Vanguard Materials ETF by 2.7% during the 4th quarter. Mason Investment Advisory Services Inc. now owns 2,803 shares of the company’s stock valued at $526,000 after acquiring an additional 75 shares in the last quarter. Finally, Institute for Wealth Management LLC. boosted its holdings in Vanguard Materials ETF by 2.5% in the fourth quarter. Institute for Wealth Management LLC. now owns 3,159 shares of the company’s stock worth $593,000 after purchasing an additional 77 shares during the period.

Vanguard Materials ETF Price Performance

VAW stock opened at $192.30 on Tuesday. The firm has a fifty day moving average price of $195.04 and a two-hundred day moving average price of $201.21. Vanguard Materials ETF has a 1-year low of $185.00 and a 1-year high of $215.82. The firm has a market cap of $2.70 billion, a price-to-earnings ratio of 22.64 and a beta of 1.12.

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.