73,264 Shares of Vanguard Materials ETF $VAW Purchased by Lido Advisors LLC

Lido Advisors LLC bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 73,264 shares of the company’s stock, valued at approximately $15,984,000. Lido Advisors LLC owned about 0.51% of Vanguard Materials ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBT Bank N.A. purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter worth $29,000. Root Financial Partners LLC purchased a new position in Vanguard Materials ETF during the third quarter valued at $32,000. Ashton Thomas Securities LLC purchased a new position in Vanguard Materials ETF during the third quarter valued at $34,000. Asset Dedication LLC purchased a new position in Vanguard Materials ETF during the third quarter valued at $41,000. Finally, IFP Advisors Inc lifted its position in Vanguard Materials ETF by 1,425.0% during the third quarter. IFP Advisors Inc now owns 244 shares of the company’s stock valued at $53,000 after purchasing an additional 228 shares in the last quarter.

Vanguard Materials ETF Stock Performance

NYSEARCA:VAW opened at $232.79 on Thursday. The stock has a 50-day simple moving average of $226.24 and a two-hundred day simple moving average of $230.13. Vanguard Materials ETF has a 52-week low of $190.29 and a 52-week high of $245.26. The firm has a market capitalization of $3.01 billion, a PE ratio of 23.02 and a beta of 0.96.

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.