Allworth Financial LP Raises Stock Position in Vanguard Materials Index Fund ETF Shares (NYSEARCA:VAW)

Allworth Financial LP raised its stake in shares of Vanguard Materials Index Fund ETF Shares (NYSEARCA:VAW) by 67.0% during the fourth quarter, Holdings Channel reports. The firm owned 182 shares of the company’s stock after buying an additional 73 shares during the quarter. Allworth Financial LP’s holdings in Vanguard Materials Index Fund ETF Shares were worth $35,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VAW. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Materials Index Fund ETF Shares by 248.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 520,446 shares of the company’s stock worth $89,787,000 after acquiring an additional 371,020 shares in the last quarter. Personal Capital Advisors Corp increased its stake in shares of Vanguard Materials Index Fund ETF Shares by 3.5% in the 4th quarter. Personal Capital Advisors Corp now owns 298,358 shares of the company’s stock worth $50,781,000 after acquiring an additional 10,136 shares in the last quarter. Morgan Stanley increased its stake in shares of Vanguard Materials Index Fund ETF Shares by 4.9% in the 4th quarter. Morgan Stanley now owns 260,489 shares of the company’s stock worth $44,335,000 after acquiring an additional 12,098 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Materials Index Fund ETF Shares by 0.3% in the 2nd quarter. Wells Fargo & Company MN now owns 194,671 shares of the company’s stock worth $35,424,000 after acquiring an additional 571 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of Vanguard Materials Index Fund ETF Shares by 15.9% in the 1st quarter. UBS Group AG now owns 181,425 shares of the company’s stock worth $35,205,000 after acquiring an additional 24,876 shares in the last quarter.

Vanguard Materials Index Fund ETF Shares Price Performance

Shares of Vanguard Materials Index Fund ETF Shares stock opened at $197.64 on Monday. The company has a 50-day moving average of $195.22 and a 200 day moving average of $184.11. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 15.44 and a beta of 0.98. Vanguard Materials Index Fund ETF Shares has a 1 year low of $162.48 and a 1 year high of $205.99.

About Vanguard Materials Index Fund ETF Shares

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.