Advisory Services Network LLC Makes New $188,000 Investment in Vanguard Materials ETF (NYSEARCA:VAW)

Advisory Services Network LLC bought a new position in Vanguard Materials ETF (NYSEARCA:VAWFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 990 shares of the company’s stock, valued at approximately $188,000.

Other hedge funds have also added to or reduced their stakes in the company. Atlantic Edge Private Wealth Management LLC purchased a new stake in shares of Vanguard Materials ETF in the 4th quarter worth approximately $29,000. Allworth Financial LP lifted its position in shares of Vanguard Materials ETF by 67.0% in the 4th quarter. Allworth Financial LP now owns 182 shares of the company’s stock worth $35,000 after purchasing an additional 73 shares during the period. Principal Securities Inc. purchased a new stake in shares of Vanguard Materials ETF in the 4th quarter worth approximately $35,000. Key Financial Inc lifted its position in shares of Vanguard Materials ETF by 61.9% in the 4th quarter. Key Financial Inc now owns 327 shares of the company’s stock worth $62,000 after purchasing an additional 125 shares during the period. Finally, Assetmark Inc. purchased a new stake in shares of Vanguard Materials ETF in the 4th quarter worth approximately $67,000.

Vanguard Materials ETF Stock Performance

Shares of VAW opened at $199.22 on Thursday. The company has a 50 day moving average price of $199.86 and a 200-day moving average price of $191.85. Vanguard Materials ETF has a fifty-two week low of $162.48 and a fifty-two week high of $205.99. The stock has a market capitalization of $2.95 billion, a PE ratio of 15.20 and a beta of 0.98.

About Vanguard Materials ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Materials ETF (NYSEARCA:VAW)

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