Brighton Jones LLC Buys 249 Shares of Vanguard Materials ETF $VAW

Brighton Jones LLC raised its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 4.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,137 shares of the company’s stock after purchasing an additional 249 shares during the quarter. Brighton Jones LLC’s holdings in Vanguard Materials ETF were worth $1,196,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Empower Advisory Group LLC grew its stake in Vanguard Materials ETF by 7.2% in the first quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock valued at $64,351,000 after purchasing an additional 22,923 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Materials ETF by 2.9% in the first quarter. Envestnet Asset Management Inc. now owns 295,847 shares of the company’s stock valued at $55,859,000 after purchasing an additional 8,223 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard Materials ETF by 7.7% in the first quarter. LPL Financial LLC now owns 175,750 shares of the company’s stock valued at $33,183,000 after purchasing an additional 12,609 shares in the last quarter. PGIM Custom Harvest LLC grew its stake in Vanguard Materials ETF by 14.8% in the first quarter. PGIM Custom Harvest LLC now owns 151,632 shares of the company’s stock valued at $28,630,000 after purchasing an additional 19,580 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Vanguard Materials ETF by 53.5% in the first quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock valued at $19,256,000 after buying an additional 35,535 shares during the last quarter.

Vanguard Materials ETF Stock Down 0.3%

VAW opened at $202.32 on Tuesday. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $213.52. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. The business has a 50 day moving average of $205.08 and a 200-day moving average of $197.25.

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.