John A. Wolfe & Associates Inc. Invests $833,000 in Vanguard Materials ETF $VAW

John A. Wolfe & Associates Inc. purchased a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,014 shares of the company’s stock, valued at approximately $833,000. Vanguard Materials ETF makes up about 0.4% of John A. Wolfe & Associates Inc.’s portfolio, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in Vanguard Materials ETF by 748.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock worth $2,798,000 after purchasing an additional 13,071 shares during the last quarter. Focus Partners Wealth purchased a new position in shares of Vanguard Materials ETF during the 1st quarter valued at approximately $272,000. NewEdge Advisors LLC grew its position in shares of Vanguard Materials ETF by 119.6% during the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock worth $556,000 after buying an additional 1,553 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Vanguard Materials ETF by 2.1% during the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after buying an additional 5,920 shares in the last quarter. Finally, Quantinno Capital Management LP increased its stake in shares of Vanguard Materials ETF by 76.1% in the second quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after buying an additional 4,681 shares during the last quarter.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA:VAW opened at $234.24 on Friday. The firm has a market cap of $3.04 billion, a PE ratio of 23.02 and a beta of 0.96. The company has a fifty day simple moving average of $232.54 and a 200 day simple moving average of $226.36. Vanguard Materials ETF has a 12-month low of $190.01 and a 12-month high of $245.26.

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. 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.