Vanguard Materials ETF $VAW Shares Purchased by Assetmark Inc.

Assetmark Inc. grew its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 610.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,702 shares of the company’s stock after acquiring an additional 22,083 shares during the quarter. Assetmark Inc. owned about 0.19% of Vanguard Materials ETF worth $5,335,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Calder Financial LLC acquired a new position in Vanguard Materials ETF in the 4th quarter worth approximately $317,000. Clear Creek Financial Management LLC increased its holdings in Vanguard Materials ETF by 27.0% in the 4th quarter. Clear Creek Financial Management LLC now owns 29,193 shares of the company’s stock worth $6,059,000 after buying an additional 6,203 shares during the period. City Holding Co. acquired a new position in Vanguard Materials ETF in the 4th quarter worth approximately $179,000. Apella Capital LLC acquired a new position in Vanguard Materials ETF in the 4th quarter worth approximately $285,000. Finally, Sound Income Strategies LLC increased its holdings in Vanguard Materials ETF by 846.2% in the 4th quarter. Sound Income Strategies LLC now owns 369 shares of the company’s stock worth $83,000 after buying an additional 330 shares during the period.

Vanguard Materials ETF Trading Up 0.7%

Shares of NYSEARCA:VAW opened at $236.06 on Friday. The company’s 50 day moving average is $231.59 and its 200 day moving average is $216.55. Vanguard Materials ETF has a twelve month low of $173.52 and a twelve month high of $245.26. The company has a market cap of $3.07 billion, a PE ratio of 23.02 and a beta of 1.03.

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.