M Holdings Securities Inc. Buys New Shares in Vanguard Materials ETF $VAW

M Holdings Securities Inc. bought a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,321 shares of the company’s stock, valued at approximately $5,879,000.

Other large investors have also modified their holdings of the company. Avantax Planning Partners Inc. purchased a new stake in shares of Vanguard Materials ETF in the third quarter valued at approximately $253,000. Brighton Jones LLC purchased a new position in Vanguard Materials ETF in the third quarter worth $1,150,000. StoneX Group Inc. purchased a new position in Vanguard Materials ETF in the third quarter worth $250,000. Asset Dedication LLC purchased a new position in Vanguard Materials ETF in the third quarter worth $41,000. Finally, Plancorp LLC acquired a new stake in Vanguard Materials ETF in the third quarter valued at $1,000,000.

Vanguard Materials ETF Stock Performance

Vanguard Materials ETF stock opened at $227.88 on Monday. The company has a market cap of $2.95 billion, a P/E ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a one year low of $190.29 and a one year high of $245.26. The business has a fifty day moving average of $226.44 and a two-hundred day moving average of $230.08.

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. 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.