Private Advisor Group LLC Purchases 2,596 Shares of Vanguard Materials ETF $VAW

Private Advisor Group LLC grew its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 20.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,389 shares of the company’s stock after acquiring an additional 2,596 shares during the period. Private Advisor Group LLC’s holdings in Vanguard Materials ETF were worth $3,468,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Dorato Capital Management bought a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at about $953,000. Clear Creek Financial Management LLC increased its holdings in Vanguard Materials ETF by 27.0% in the fourth quarter. Clear Creek Financial Management LLC now owns 29,193 shares of the company’s stock worth $6,059,000 after purchasing an additional 6,203 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in Vanguard Materials ETF by 21.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 30,675 shares of the company’s stock valued at $6,367,000 after buying an additional 5,440 shares during the period. Lighthouse Financial Services Inc. ADV acquired a new position in Vanguard Materials ETF in the fourth quarter valued at approximately $4,852,000. Finally, Strategic Investment Advisors MI bought a new position in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $36,562,000.

Vanguard Materials ETF Stock Down 2.4%

Shares of VAW stock opened at $223.56 on Thursday. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a 52 week low of $190.29 and a 52 week high of $245.26. The firm has a 50 day moving average of $231.18 and a 200-day moving average of $228.96.

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. 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.