Allworth Financial LP Increases Holdings in Vanguard Materials ETF $VAW

Allworth Financial LP grew its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 563.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 989 shares of the company’s stock after acquiring an additional 840 shares during the quarter. Allworth Financial LP’s holdings in Vanguard Materials ETF were worth $193,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. PFG Advisors purchased a new position in shares of Vanguard Materials ETF in the 2nd quarter worth about $214,000. Prospera Financial Services Inc increased its stake in Vanguard Materials ETF by 169.8% during the 2nd quarter. Prospera Financial Services Inc now owns 12,888 shares of the company’s stock valued at $2,518,000 after purchasing an additional 8,111 shares in the last quarter. Bonfire Financial increased its stake in Vanguard Materials ETF by 4.9% during the 2nd quarter. Bonfire Financial now owns 5,227 shares of the company’s stock valued at $1,019,000 after purchasing an additional 243 shares in the last quarter. Mason Investment Advisory Services Inc. raised its holdings in Vanguard Materials ETF by 4.0% in the second quarter. Mason Investment Advisory Services Inc. now owns 2,945 shares of the company’s stock worth $574,000 after buying an additional 112 shares during the last quarter. Finally, Sigma Planning Corp lifted its stake in shares of Vanguard Materials ETF by 7.1% in the second quarter. Sigma Planning Corp now owns 20,176 shares of the company’s stock worth $3,931,000 after buying an additional 1,344 shares in the last quarter.

Vanguard Materials ETF Price Performance

NYSEARCA:VAW opened at $192.70 on Wednesday. The stock has a market cap of $2.64 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. The company’s 50 day moving average price is $201.58 and its 200-day moving average price is $199.08. Vanguard Materials ETF has a 52 week low of $161.43 and a 52 week high of $213.52.

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.