Narwhal Capital Management Acquires New Shares in Vanguard Materials ETF $VAW

Narwhal Capital Management bought a new stake in Vanguard Materials ETF (NYSEARCA:VAW) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 10,461 shares of the company’s stock, valued at approximately $2,282,000. Narwhal Capital Management owned 0.07% of Vanguard Materials ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameritas Advisory Services LLC raised its stake 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. Park National Corp OH acquired a new stake in shares of Vanguard Materials ETF in the third quarter worth $6,248,000. M Holdings Securities Inc. acquired a new stake in shares of Vanguard Materials ETF in the third quarter worth $5,879,000. Sound Financial Strategies Group LLC acquired a new stake in shares of Vanguard Materials ETF in the second quarter worth $3,242,000. Finally, Shelter Mutual Insurance Co acquired a new stake in shares of Vanguard Materials ETF in the second quarter worth $1,832,000.

Vanguard Materials ETF Trading Down 0.7%

NYSEARCA:VAW opened at $231.83 on Wednesday. The business’s fifty day moving average price is $226.25 and its 200 day moving average price is $230.12. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a 1-year low of $190.29 and a 1-year 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.