Praetorian Wealth Management Inc. Has $3.43 Million Stock Position in Vanguard Materials ETF $VAW

Praetorian Wealth Management Inc. grew its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 541.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,980 shares of the company’s stock after purchasing an additional 12,646 shares during the quarter. Praetorian Wealth Management Inc.’s holdings in Vanguard Materials ETF were worth $3,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of VAW. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Materials ETF in the fourth quarter worth $25,000. Godfrey Financial Associates Inc. acquired a new position in Vanguard Materials ETF during the fourth quarter worth $26,000. Parkside Financial Bank & Trust increased its position in Vanguard Materials ETF by 333.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock worth $27,000 after buying an additional 100 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new position in Vanguard Materials ETF during the fourth quarter valued at about $30,000. Finally, Howe & Rusling Inc. bought a new position in Vanguard Materials ETF during the first quarter valued at about $30,000.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA:VAW opened at $232.97 on Friday. Vanguard Materials ETF has a fifty-two week low of $190.29 and a fifty-two week high of $245.26. The business has a 50-day moving average of $229.37 and a two-hundred day moving average of $230.65. The stock has a market capitalization of $3.08 billion, a P/E ratio of 23.02 and a beta of 0.97.

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.