Vanguard Materials ETF (VAW) Sees Unusually-High Trading Volume

Vanguard Materials ETF (NYSEARCA:VAW) shares saw unusually-high trading volume on Tuesday . Approximately 2,334,716 shares changed hands during mid-day trading, an increase of 263% from the previous session’s volume of 643,883 shares.The stock last traded at $114.63 and had previously closed at $113.35.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 18th. Stockholders of record on Friday, December 14th were paid a $0.6307 dividend. This represents a $2.52 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Thursday, December 13th. This is a boost from Vanguard Materials ETF’s previous quarterly dividend of $0.59.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Honkamp Krueger Financial Services Inc. lifted its stake in shares of Vanguard Materials ETF by 8.9% in the third quarter. Honkamp Krueger Financial Services Inc. now owns 5,172 shares of the company’s stock valued at $678,000 after purchasing an additional 422 shares during the period. First Republic Investment Management Inc. lifted its stake in shares of Vanguard Materials ETF by 6.6% in the second quarter. First Republic Investment Management Inc. now owns 7,000 shares of the company’s stock valued at $921,000 after purchasing an additional 434 shares during the period. Ingalls & Snyder LLC lifted its stake in shares of Vanguard Materials ETF by 10.4% in the third quarter. Ingalls & Snyder LLC now owns 4,766 shares of the company’s stock valued at $625,000 after purchasing an additional 450 shares during the period. Massmutual Trust Co. FSB ADV lifted its stake in shares of Vanguard Materials ETF by 16.3% in the third quarter. Massmutual Trust Co. FSB ADV now owns 3,733 shares of the company’s stock valued at $489,000 after purchasing an additional 522 shares during the period. Finally, Callan Capital LLC increased its holdings in Vanguard Materials ETF by 19.3% during the 3rd quarter. Callan Capital LLC now owns 3,371 shares of the company’s stock valued at $442,000 after acquiring an additional 545 shares in the last quarter.

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About Vanguard Materials ETF (NYSEARCA:VAW)

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.

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