NewEdge Advisors LLC Boosts Stake in Vanguard Materials ETF $VAW

NewEdge Advisors LLC boosted its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 457.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,543 shares of the company’s stock after buying an additional 13,575 shares during the quarter. NewEdge Advisors LLC owned 0.13% of Vanguard Materials ETF worth $3,728,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VAW. Bank of America Corp DE raised its position in Vanguard Materials ETF by 1.2% in the third quarter. Bank of America Corp DE now owns 1,417,176 shares of the company’s stock valued at $290,323,000 after purchasing an additional 16,394 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Materials ETF by 2.5% in the 4th quarter. LPL Financial LLC now owns 295,587 shares of the company’s stock valued at $61,349,000 after buying an additional 7,149 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard Materials ETF by 2.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after buying an additional 5,920 shares during the period. Raymond James Financial Inc. lifted its stake in Vanguard Materials ETF by 36.1% during the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after acquiring an additional 43,024 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its stake in Vanguard Materials ETF by 87.1% during the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock worth $28,645,000 after acquiring an additional 68,427 shares in the last quarter.

Vanguard Materials ETF Price Performance

Shares of Vanguard Materials ETF stock opened at $235.48 on Thursday. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97. The business has a 50-day moving average of $229.68 and a 200 day moving average of $230.95. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26.

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.