Empower Advisory Group LLC Grows Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Empower Advisory Group LLC increased its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 7.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 340,823 shares of the company’s stock after purchasing an additional 22,923 shares during the period. Empower Advisory Group LLC owned 2.60% of Vanguard Materials ETF worth $64,351,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC boosted its stake in Vanguard Materials ETF by 18.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,232 shares of the company’s stock worth $231,000 after purchasing an additional 196 shares during the last quarter. National Bank of Canada FI boosted its stake in Vanguard Materials ETF by 32,000.0% during the 4th quarter. National Bank of Canada FI now owns 8,025 shares of the company’s stock worth $1,507,000 after purchasing an additional 8,000 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Vanguard Materials ETF by 7.9% during the 4th quarter. Wells Fargo & Company MN now owns 270,176 shares of the company’s stock worth $50,750,000 after purchasing an additional 19,796 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Vanguard Materials ETF by 110.1% during the 4th quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock worth $54,000 after purchasing an additional 152 shares during the last quarter. Finally, Bank of Montreal Can boosted its stake in Vanguard Materials ETF by 25.5% during the 4th quarter. Bank of Montreal Can now owns 2,370 shares of the company’s stock worth $445,000 after purchasing an additional 482 shares during the last quarter.

Vanguard Materials ETF Stock Up 1.4%

Shares of VAW opened at $195.94 on Tuesday. Vanguard Materials ETF has a 52-week low of $161.43 and a 52-week high of $215.82. The firm’s fifty day moving average is $196.81 and its two-hundred day moving average is $192.13. The stock has a market cap of $2.74 billion, a PE ratio of 23.02 and a beta of 1.11.

Vanguard Materials ETF 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.