Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Update

Vanguard Materials ETF (NYSEARCA:VAW) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 50,998 shares, an increase of 95.1% from the May 31st total of 26,142 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 63,434 shares, the short-interest ratio is presently 0.8 days.

Vanguard Materials ETF Price Performance

Shares of VAW traded up $4.05 during mid-day trading on Thursday, hitting $232.63. The stock had a trading volume of 60,843 shares, compared to its average volume of 82,092. Vanguard Materials ETF has a 52 week low of $190.29 and a 52 week high of $245.26. The business has a fifty day moving average price of $231.69 and a 200-day moving average price of $228.13. The firm has a market cap of $3.06 billion, a P/E ratio of 23.02 and a beta of 0.96.

Institutional Investors Weigh In On Vanguard Materials ETF

Several institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in shares of Vanguard Materials ETF by 1.2% in the third quarter. Bank of America Corp DE now owns 1,417,176 shares of the company’s stock worth $290,323,000 after purchasing an additional 16,394 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Materials ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 295,587 shares of the company’s stock valued at $61,349,000 after purchasing an additional 7,149 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Vanguard Materials ETF by 2.1% in the 2nd 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. Strategic Investment Advisors MI bought a new position in shares of Vanguard Materials ETF in the 3rd quarter worth $36,562,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Vanguard Materials ETF by 36.1% in the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after buying an additional 43,024 shares during the last quarter.

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.