Joule Financial LLC Boosts Stock Holdings in Vanguard Materials ETF $VAW

Joule Financial LLC lifted its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 3.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,857 shares of the company’s stock after buying an additional 119 shares during the period. Joule Financial LLC’s holdings in Vanguard Materials ETF were worth $751,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Everstar Asset Management LLC bought a new position in Vanguard Materials ETF during the 1st quarter worth approximately $7,880,000. Raymond James Financial Inc. grew its holdings in shares of Vanguard Materials ETF by 53.5% in the first quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock worth $19,256,000 after purchasing an additional 35,535 shares during the last quarter. Empower Advisory Group LLC increased its stake in shares of Vanguard Materials ETF by 7.2% in the first quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock worth $64,351,000 after buying an additional 22,923 shares during the period. LRI Investments LLC raised its holdings in Vanguard Materials ETF by 1,461.7% during the 1st quarter. LRI Investments LLC now owns 22,129 shares of the company’s stock valued at $4,178,000 after buying an additional 20,712 shares during the last quarter. Finally, PGIM Custom Harvest LLC boosted its position in Vanguard Materials ETF by 14.8% during the 1st quarter. PGIM Custom Harvest LLC now owns 151,632 shares of the company’s stock valued at $28,630,000 after buying an additional 19,580 shares during the period.

Vanguard Materials ETF Trading Up 0.2%

VAW stock opened at $205.51 on Monday. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11. The firm’s 50-day moving average price is $203.95 and its two-hundred day moving average price is $194.93. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month 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.