Vanguard Materials ETF (NYSEARCA:VAW – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 56,837 shares, an increase of 71.5% from the August 31st total of 33,140 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 112,237 shares, the short-interest ratio is presently 0.5 days.
Vanguard Materials ETF Price Performance
VAW stock opened at $217.68 on Friday. The company has a 50 day moving average price of $230.79 and a 200 day moving average price of $229.86. Vanguard Materials ETF has a fifty-two week low of $190.29 and a fifty-two week high of $245.26. The stock has a market capitalization of $2.82 billion, a PE ratio of 23.02 and a beta of 0.97.
Institutional Investors Weigh In On Vanguard Materials ETF
Several hedge funds and other institutional investors have recently made changes to their positions in VAW. Envestnet Portfolio Solutions Inc. boosted its holdings in Vanguard Materials ETF by 25.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 4,470 shares of the company’s stock valued at $1,022,000 after acquiring an additional 911 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Vanguard Materials ETF by 1.8% in the second quarter. Integrated Wealth Concepts LLC now owns 4,416 shares of the company’s stock worth $1,010,000 after purchasing an additional 80 shares during the period. RFG Advisory LLC raised its holdings in Vanguard Materials ETF by 4.7% during the 2nd quarter. RFG Advisory LLC now owns 3,395 shares of the company’s stock worth $777,000 after purchasing an additional 152 shares during the last quarter. Allworth Financial LP raised its holdings in Vanguard Materials ETF by 8.1% during the 2nd quarter. Allworth Financial LP now owns 1,169 shares of the company’s stock worth $267,000 after purchasing an additional 88 shares during the last quarter. Finally, Ameritas Advisory Services LLC lifted its position in Vanguard Materials ETF by 42.0% during the 2nd quarter. Ameritas Advisory Services LLC now owns 141,961 shares of the company’s stock valued at $32,479,000 after purchasing an additional 41,961 shares during the period.
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. 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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