Vanguard Materials ETF $VAW Stock Bought by Sagace Wealth Management LLC

Sagace Wealth Management LLC increased its position in Vanguard Materials ETF (NYSEARCA:VAW) by 51.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 15,660 shares of the company’s stock after purchasing an additional 5,336 shares during the quarter. Vanguard Materials ETF accounts for 2.1% of Sagace Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. Sagace Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $3,417,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. NBT Bank N.A. bought a new stake in Vanguard Materials ETF in the 3rd quarter valued at about $29,000. Howe & Rusling Inc. acquired a new position in Vanguard Materials ETF during the 1st quarter worth approximately $30,000. Root Financial Partners LLC bought a new position in Vanguard Materials ETF in the third quarter worth approximately $32,000. Ashton Thomas Securities LLC bought a new position in Vanguard Materials ETF in the third quarter worth approximately $34,000. Finally, IFP Advisors Inc boosted its holdings in Vanguard Materials ETF by 1,425.0% in the third quarter. IFP Advisors Inc now owns 244 shares of the company’s stock worth $53,000 after acquiring an additional 228 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of Vanguard Materials ETF stock opened at $228.65 on Friday. Vanguard Materials ETF has a 52 week low of $190.29 and a 52 week high of $245.26. The stock has a 50 day moving average price of $227.37 and a two-hundred day moving average price of $229.93. The stock has a market capitalization of $3.28 billion, a PE 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.