Shares of Vanguard Materials ETF (NYSEARCA:VAW – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $229.97 and traded as high as $234.84. Vanguard Materials ETF shares last traded at $232.69, with a volume of 63,876 shares.
Vanguard Materials ETF Trading Up 2.9%
The company has a market capitalization of $3.38 billion, a P/E ratio of 23.02 and a beta of 0.96. The business’s fifty day moving average price is $226.91 and its 200-day moving average price is $230.04.
Hedge Funds Weigh In On Vanguard Materials ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Ameritas Advisory Services LLC boosted its stake in Vanguard Materials ETF by 42.0% during the second quarter. Ameritas Advisory Services LLC now owns 141,961 shares of the company’s stock worth $32,479,000 after acquiring an additional 41,961 shares in the last quarter. Park National Corp OH purchased a new position in Vanguard Materials ETF in the 3rd quarter worth about $6,248,000. M Holdings Securities Inc. bought a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at $5,879,000. Sound Financial Strategies Group LLC purchased a new position in Vanguard Materials ETF in the second quarter worth about $3,242,000. Finally, Shelter Mutual Insurance Co purchased a new position in shares of Vanguard Materials ETF in the second quarter worth approximately $1,832,000.
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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