RFG Advisory LLC Acquires New Position in Vanguard Materials ETF $VAW

RFG Advisory LLC bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) in the 4th quarter, Holdings Channel reports. The fund bought 3,165 shares of the company’s stock, valued at approximately $657,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VAW. Strategic Investment Advisors MI purchased a new stake in shares of Vanguard Materials ETF in the third quarter worth $36,562,000. Corient Private Wealth LLC boosted its holdings in Vanguard Materials ETF by 87.1% in the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock worth $28,645,000 after buying an additional 68,427 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard Materials ETF by 23.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 272,665 shares of the company’s stock worth $55,858,000 after buying an additional 51,929 shares in the last quarter. Polianta Ltd bought a new stake in Vanguard Materials ETF during the fourth quarter valued at about $9,215,000. Finally, Raymond James Financial Inc. raised its holdings in Vanguard Materials ETF by 36.1% during the third quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock valued at $33,232,000 after acquiring an additional 43,024 shares during the period.

Vanguard Materials ETF Price Performance

Shares of Vanguard Materials ETF stock opened at $233.25 on Monday. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97. The stock’s 50-day simple moving average is $229.92 and its 200-day simple moving average is $219.20. Vanguard Materials ETF has a 52 week low of $186.35 and a 52 week high of $245.26.

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.