Lido Advisors LLC Acquires 3,446 Shares of Vanguard Materials ETF $VAW

Lido Advisors LLC boosted its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 5.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 72,773 shares of the company’s stock after purchasing an additional 3,446 shares during the quarter. Lido Advisors LLC owned 0.56% of Vanguard Materials ETF worth $16,399,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of VAW. Bank of America Corp DE raised its position in shares of Vanguard Materials ETF by 1.2% in the third quarter. Bank of America Corp DE now owns 1,417,176 shares of the company’s stock valued at $290,323,000 after buying an additional 16,394 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Materials ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 295,587 shares of the company’s stock worth $61,349,000 after buying an additional 7,149 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Vanguard Materials ETF by 2.1% during the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after buying an additional 5,920 shares in the last quarter. Raymond James Financial Inc. increased its stake in Vanguard Materials ETF by 36.1% during the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after acquiring an additional 43,024 shares during the period. Finally, Corient Private Wealth LLC raised its holdings in Vanguard Materials ETF by 87.1% in the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock valued at $28,645,000 after acquiring an additional 68,427 shares in the last quarter.

Vanguard Materials ETF Stock Down 0.9%

VAW opened at $223.98 on Friday. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a twelve month low of $190.29 and a twelve month high of $245.26. The company has a 50-day simple moving average of $229.20 and a 200 day simple moving average of $230.12.

About Vanguard Materials ETF

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.