M Holdings Securities Inc. Makes New $5.36 Million Investment in Vanguard Materials ETF $VAW

M Holdings Securities Inc. bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 25,838 shares of the company’s stock, valued at approximately $5,363,000. M Holdings Securities Inc. owned approximately 0.19% of Vanguard Materials ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in VAW. Goldman Sachs Group Inc. grew its stake in Vanguard Materials ETF by 748.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock worth $2,798,000 after acquiring an additional 13,071 shares in the last quarter. Focus Partners Wealth purchased a new stake in shares of Vanguard Materials ETF in the 1st quarter worth approximately $272,000. NewEdge Advisors LLC lifted its position in shares of Vanguard Materials ETF by 119.6% in the 2nd quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock worth $556,000 after purchasing an additional 1,553 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Vanguard Materials ETF by 2.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after purchasing an additional 5,920 shares during the period. Finally, Quantinno Capital Management LP lifted its position in shares of Vanguard Materials ETF by 76.1% in the 2nd quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after purchasing an additional 4,681 shares during the period.

Vanguard Materials ETF Stock Performance

Shares of VAW opened at $223.22 on Thursday. The company has a 50 day moving average price of $231.62 and a 200-day moving average price of $224.79. Vanguard Materials ETF has a fifty-two week low of $190.01 and a fifty-two week high of $245.26. The stock has a market capitalization of $2.90 billion, a PE ratio of 23.02 and a beta of 0.96.

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.