Mutual Advisors LLC Acquires 851 Shares of Vanguard Materials ETF $VAW

Mutual Advisors LLC boosted its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 73.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,006 shares of the company’s stock after acquiring an additional 851 shares during the period. Mutual Advisors LLC’s holdings in Vanguard Materials ETF were worth $411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its position in shares of Vanguard Materials ETF by 7.2% during the first quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock valued at $64,351,000 after buying an additional 22,923 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Materials ETF by 2.9% during the first quarter. Envestnet Asset Management Inc. now owns 295,847 shares of the company’s stock valued at $55,859,000 after buying an additional 8,223 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Materials ETF by 7.7% during the first quarter. LPL Financial LLC now owns 175,750 shares of the company’s stock valued at $33,183,000 after buying an additional 12,609 shares during the last quarter. PGIM Custom Harvest LLC lifted its position in shares of Vanguard Materials ETF by 14.8% during the first quarter. PGIM Custom Harvest LLC now owns 151,632 shares of the company’s stock valued at $28,630,000 after buying an additional 19,580 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Materials ETF by 53.5% during the first quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock valued at $19,256,000 after buying an additional 35,535 shares during the last quarter.

Vanguard Materials ETF Stock Performance

VAW stock opened at $204.36 on Tuesday. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11. The firm has a 50-day simple moving average of $205.19 and a two-hundred day simple moving average of $196.13. Vanguard Materials ETF has a one year low of $161.43 and a one year high of $215.08.

Vanguard Materials ETF 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.