Mutual Advisors LLC Increases Stake in Vanguard Materials ETF $VAW

Mutual Advisors LLC lifted its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 73.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,006 shares of the company’s stock after purchasing an additional 851 shares during the quarter. Mutual Advisors LLC’s holdings in Vanguard Materials ETF were worth $411,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of Vanguard Materials ETF in the 1st quarter valued at approximately $25,000. NBT Bank N A NY raised its position in shares of Vanguard Materials ETF by 33.7% in the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock valued at $43,000 after purchasing an additional 56 shares during the last quarter. Olistico Wealth LLC purchased a new position in shares of Vanguard Materials ETF in the 1st quarter valued at approximately $42,000. Wealth Preservation Advisors LLC purchased a new position in shares of Vanguard Materials ETF in the 1st quarter valued at approximately $52,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Vanguard Materials ETF in the 1st quarter valued at approximately $55,000.

Vanguard Materials ETF Trading Up 1.4%

VAW opened at $204.36 on Tuesday. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $215.08. The firm has a market capitalization of $2.80 billion, a PE ratio of 23.02 and a beta of 1.11. The firm has a 50 day moving average of $205.19 and a two-hundred day moving average of $196.13.

Vanguard Materials ETF 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.