Vanguard Materials ETF (NYSEARCA:VAW – Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 28,454 shares, a decrease of 46.3% from the April 15th total of 52,999 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 51,845 shares, the days-to-cover ratio is currently 0.5 days.
Vanguard Materials ETF Trading Down 2.9%
Shares of NYSEARCA VAW traded down $6.89 during trading hours on Friday, reaching $226.94. The stock had a trading volume of 61,682 shares, compared to its average volume of 89,705. The firm has a market cap of $2.95 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97. The firm has a 50-day moving average of $229.06 and a 200-day moving average of $220.38. Vanguard Materials ETF has a fifty-two week low of $187.58 and a fifty-two week high of $245.26.
Institutional Trading of Vanguard Materials ETF
A number of large investors have recently bought and sold shares of VAW. Goldman Sachs Group Inc. boosted its stake in Vanguard Materials ETF by 748.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock worth $2,798,000 after purchasing an additional 13,071 shares during the period. Focus Partners Wealth acquired a new stake in Vanguard Materials ETF during the 1st quarter worth approximately $272,000. NewEdge Advisors LLC lifted its position in Vanguard Materials ETF by 119.6% during the 2nd quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock worth $556,000 after acquiring an additional 1,553 shares during the period. The Manufacturers Life Insurance Company lifted its position in Vanguard Materials ETF by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after acquiring an additional 5,920 shares during the period. Finally, Quantinno Capital Management LP lifted its position in Vanguard Materials ETF by 76.1% during the 2nd quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after acquiring an additional 4,681 shares during the period.
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.
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