Bonfire Financial Takes $882,000 Position in Vanguard Materials ETF (NYSEARCA:VAW)

Bonfire Financial bought a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,695 shares of the company’s stock, valued at approximately $882,000. Vanguard Materials ETF comprises approximately 0.8% of Bonfire Financial’s holdings, making the stock its 26th biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Financial Corp IN lifted its position in Vanguard Materials ETF by 2.1% during the fourth quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock worth $509,000 after acquiring an additional 56 shares during the last quarter. Private Wealth Advisors LLC lifted its holdings in Vanguard Materials ETF by 0.8% during the 3rd quarter. Private Wealth Advisors LLC now owns 8,751 shares of the company’s stock worth $1,843,000 after purchasing an additional 66 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in Vanguard Materials ETF by 50.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after purchasing an additional 70 shares during the period. Leavell Investment Management Inc. grew its holdings in Vanguard Materials ETF by 3.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,595 shares of the company’s stock valued at $551,000 after buying an additional 75 shares in the last quarter. Finally, Institute for Wealth Management LLC. grew its holdings in Vanguard Materials ETF by 2.5% in the 4th quarter. Institute for Wealth Management LLC. now owns 3,159 shares of the company’s stock valued at $593,000 after buying an additional 77 shares in the last quarter.

Vanguard Materials ETF Stock Performance

VAW opened at $197.60 on Tuesday. The stock has a fifty day moving average of $195.64 and a 200-day moving average of $201.93. The company has a market capitalization of $2.93 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a fifty-two week low of $181.04 and a fifty-two week high of $215.82.

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.