Praetorian Wealth Management Inc. Invests $479,000 in Vanguard Materials ETF (NYSEARCA:VAW)

Praetorian Wealth Management Inc. bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,549 shares of the company’s stock, valued at approximately $479,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Materials ETF by 95.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock worth $75,394,000 after buying an additional 191,430 shares during the period. Empower Advisory Group LLC grew its position in shares of Vanguard Materials ETF by 0.6% in the 3rd quarter. Empower Advisory Group LLC now owns 308,249 shares of the company’s stock worth $65,185,000 after buying an additional 1,939 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Vanguard Materials ETF by 2.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 287,750 shares of the company’s stock worth $55,429,000 after buying an additional 8,070 shares during the period. Stifel Financial Corp grew its position in Vanguard Materials ETF by 7.5% during the 3rd quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock valued at $17,601,000 after purchasing an additional 5,802 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Vanguard Materials ETF by 7.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after purchasing an additional 4,308 shares during the last quarter.

Vanguard Materials ETF Price Performance

VAW stock traded down $1.70 during trading on Friday, hitting $185.91. 47,434 shares of the stock traded hands, compared to its average volume of 75,912. Vanguard Materials ETF has a 1 year low of $179.00 and a 1 year high of $215.82. The firm’s 50 day moving average is $200.95 and its two-hundred day moving average is $201.73. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

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.