Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Update

Vanguard Materials ETF (NYSEARCA:VAW) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 50,998 shares, a growth of 95.1% from the May 31st total of 26,142 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 63,434 shares, the days-to-cover ratio is presently 0.8 days.

Vanguard Materials ETF Price Performance

Vanguard Materials ETF stock traded up $0.47 during trading hours on Wednesday, reaching $229.26. The company had a trading volume of 74,674 shares, compared to its average volume of 81,933. The company has a 50-day moving average price of $231.86 and a 200 day moving average price of $227.98. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a 12-month low of $190.29 and a 12-month high of $245.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. RBA Wealth Management LLC raised its holdings in Vanguard Materials ETF by 3.8% during the 4th quarter. RBA Wealth Management LLC now owns 1,187 shares of the company’s stock valued at $246,000 after buying an additional 44 shares during the last quarter. Comerica Bank grew its holdings in Vanguard Materials ETF by 0.9% in the 4th quarter. Comerica Bank now owns 6,474 shares of the company’s stock worth $1,344,000 after acquiring an additional 57 shares during the last quarter. Woodward Diversified Capital LLC increased its position in shares of Vanguard Materials ETF by 1.2% in the fourth quarter. Woodward Diversified Capital LLC now owns 5,163 shares of the company’s stock valued at $1,072,000 after acquiring an additional 60 shares during the period. Root Financial Partners LLC raised its stake in shares of Vanguard Materials ETF by 46.2% during the fourth quarter. Root Financial Partners LLC now owns 212 shares of the company’s stock valued at $44,000 after acquiring an additional 67 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in shares of Vanguard Materials ETF by 3.0% during the fourth quarter. Wedbush Securities Inc. now owns 2,344 shares of the company’s stock valued at $486,000 after acquiring an additional 68 shares during the last quarter.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.