Hershey Financial Advisers LLC Invests $1.61 Million in Vanguard Materials ETF (NYSEARCA:VAW)

Hershey Financial Advisers LLC purchased a new stake in Vanguard Materials ETF (NYSEARCA:VAW) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 8,374 shares of the company’s stock, valued at approximately $1,613,000. Vanguard Materials ETF accounts for about 1.4% of Hershey Financial Advisers LLC’s portfolio, making the stock its 14th largest position. Hershey Financial Advisers LLC owned 0.06% of Vanguard Materials ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VAW. Advisory Services Network LLC acquired a new position in shares of Vanguard Materials ETF in the fourth quarter valued at approximately $188,000. Steward Partners Investment Advisory LLC raised its position in Vanguard Materials ETF by 5.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,917 shares of the company’s stock worth $1,124,000 after buying an additional 280 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter worth $584,000. Jones Financial Companies Lllp purchased a new stake in shares of Vanguard Materials ETF in the fourth quarter valued at about $254,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of Vanguard Materials ETF by 2.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 278,430 shares of the company’s stock valued at $52,885,000 after acquiring an additional 5,537 shares in the last quarter.

Vanguard Materials ETF Stock Down 0.6 %

NYSEARCA VAW opened at $212.41 on Monday. The stock has a market capitalization of $3.15 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 52-week low of $162.48 and a 52-week high of $214.40. The firm has a 50-day moving average price of $201.13 and a 200 day moving average price of $199.38.

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.