Arkadios Wealth Advisors Purchases Shares of 4,204 Vanguard Materials ETF $VAW

Arkadios Wealth Advisors acquired a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,204 shares of the company’s stock, valued at approximately $861,000.

Other hedge funds also recently modified their holdings of the company. Beacon Capital Management Inc. boosted its stake in Vanguard Materials ETF by 19.0% during the third quarter. Beacon Capital Management Inc. now owns 548,761 shares of the company’s stock worth $112,419,000 after acquiring an additional 87,712 shares in the last quarter. Empower Advisory Group LLC raised its holdings in shares of Vanguard Materials ETF by 2.3% during the second quarter. Empower Advisory Group LLC now owns 348,715 shares of the company’s stock valued at $67,940,000 after purchasing an additional 7,892 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard Materials ETF by 2.1% during the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after purchasing an additional 5,920 shares during the period. Corient Private Wealth LLC boosted its position in shares of Vanguard Materials ETF by 87.1% during the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock worth $28,645,000 after purchasing an additional 68,427 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Vanguard Materials ETF by 16.9% in the 2nd quarter. Raymond James Financial Inc. now owns 119,197 shares of the company’s stock valued at $23,223,000 after buying an additional 17,210 shares during the period.

Vanguard Materials ETF Price Performance

Shares of Vanguard Materials ETF stock opened at $231.10 on Monday. The business has a 50-day simple moving average of $209.39 and a 200 day simple moving average of $204.81. Vanguard Materials ETF has a one year low of $161.43 and a one year high of $231.23. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06.

Vanguard Materials ETF Company Profile

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.