PFG Advisors Invests $214,000 in Vanguard Materials ETF $VAW

PFG Advisors bought a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,098 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors have also added to or reduced their stakes in the business. GW Henssler & Associates Ltd. purchased a new position in Vanguard Materials ETF during the second quarter valued at approximately $12,588,000. Everstar Asset Management LLC purchased a new position in shares of Vanguard Materials ETF in the 1st quarter valued at $7,880,000. Raymond James Financial Inc. increased its holdings in shares of Vanguard Materials ETF by 53.5% in the 1st quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock valued at $19,256,000 after acquiring an additional 35,535 shares during the period. Empower Advisory Group LLC raised its position in shares of Vanguard Materials ETF by 7.2% in the 1st quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock worth $64,351,000 after acquiring an additional 22,923 shares in the last quarter. Finally, PGIM Custom Harvest LLC raised its position in shares of Vanguard Materials ETF by 14.8% in the 1st quarter. PGIM Custom Harvest LLC now owns 151,632 shares of the company’s stock worth $28,630,000 after acquiring an additional 19,580 shares in the last quarter.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $199.72 on Thursday. Vanguard Materials ETF has a 1-year low of $161.43 and a 1-year high of $213.52. The stock’s 50-day moving average is $202.56 and its 200 day moving average is $198.72. The company has a market cap of $2.74 billion, a P/E 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.