Vanguard Materials ETF (NYSEARCA:VAW) Shares Acquired by Bank of Montreal Can

Bank of Montreal Can boosted its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 25.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,370 shares of the company’s stock after acquiring an additional 482 shares during the period. Bank of Montreal Can’s holdings in Vanguard Materials ETF were worth $445,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC lifted its position in Vanguard Materials ETF by 17,699.5% in the fourth quarter. Wealthfront Advisers LLC now owns 527,400 shares of the company’s stock valued at $99,067,000 after purchasing an additional 524,437 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard Materials ETF during the fourth quarter worth $12,482,000. Proficio Capital Partners LLC purchased a new position in Vanguard Materials ETF in the fourth quarter worth $7,374,000. Life Planning Partners Inc acquired a new stake in Vanguard Materials ETF in the fourth quarter valued at $6,704,000. Finally, LPL Financial LLC boosted its position in shares of Vanguard Materials ETF by 20.5% during the 4th quarter. LPL Financial LLC now owns 163,141 shares of the company’s stock worth $30,644,000 after purchasing an additional 27,799 shares in the last quarter.

Vanguard Materials ETF Stock Down 1.7 %

Shares of VAW opened at $175.02 on Tuesday. Vanguard Materials ETF has a 52-week low of $161.43 and a 52-week high of $215.82. The company has a 50-day simple moving average of $187.71 and a 200-day simple moving average of $196.83. The company has a market capitalization of $2.30 billion, a PE ratio of 22.37 and a beta of 1.10.

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.