Stratos Wealth Partners LTD. Raises Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Stratos Wealth Partners LTD. increased its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 39.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,581 shares of the company’s stock after buying an additional 1,845 shares during the period. Stratos Wealth Partners LTD.’s holdings in Vanguard Materials ETF were worth $1,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VAW. JPMorgan Chase & Co. lifted its holdings in Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after purchasing an additional 4,308 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Vanguard Materials ETF by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 7,982 shares of the company’s stock worth $1,688,000 after purchasing an additional 661 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Vanguard Materials ETF in the 3rd quarter valued at $211,000. Raymond James & Associates boosted its position in shares of Vanguard Materials ETF by 12.7% in the third quarter. Raymond James & Associates now owns 26,557 shares of the company’s stock worth $5,616,000 after buying an additional 3,001 shares during the period. Finally, CX Institutional purchased a new stake in shares of Vanguard Materials ETF during the third quarter valued at approximately $524,000.

Vanguard Materials ETF Stock Down 1.3 %

Shares of VAW opened at $196.57 on Monday. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The business’s 50 day moving average is $195.64 and its two-hundred day moving average is $201.90. Vanguard Materials ETF has a 52-week low of $181.04 and a 52-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.