Vanguard Materials ETF (NYSEARCA:VAW) Position Raised by Beacon Capital Management Inc.

Beacon Capital Management Inc. grew its stake in Vanguard Materials ETF (NYSEARCA:VAWFree Report) by 221.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 844,957 shares of the company’s stock after purchasing an additional 582,123 shares during the period. Vanguard Materials ETF comprises approximately 7.2% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 4th largest holding. Beacon Capital Management Inc. owned 5.40% of Vanguard Materials ETF worth $172,185,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VAW. Atlantic Edge Private Wealth Management LLC acquired a new position in Vanguard Materials ETF in the 4th quarter valued at $29,000. Allworth Financial LP increased its stake in shares of Vanguard Materials ETF by 67.0% in the 4th quarter. Allworth Financial LP now owns 182 shares of the company’s stock worth $35,000 after acquiring an additional 73 shares during the last quarter. Principal Securities Inc. acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter worth $35,000. Key Financial Inc increased its stake in shares of Vanguard Materials ETF by 61.9% in the 4th quarter. Key Financial Inc now owns 327 shares of the company’s stock worth $62,000 after acquiring an additional 125 shares during the last quarter. Finally, Assetmark Inc. acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter worth $67,000.

Vanguard Materials ETF Stock Down 0.0 %

Shares of VAW traded down $0.03 during midday trading on Friday, reaching $195.52. The company had a trading volume of 24,383 shares, compared to its average volume of 56,451. Vanguard Materials ETF has a 1-year low of $162.48 and a 1-year high of $205.99. The stock has a market cap of $2.90 billion, a PE ratio of 15.20 and a beta of 0.98. The firm has a 50 day simple moving average of $198.34 and a 200-day simple moving average of $193.36.

Vanguard Materials ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Materials ETF (NYSEARCA:VAW)

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