Avantax Advisory Services Inc. Has $4.20 Million Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Avantax Advisory Services Inc. lowered its position in Vanguard Materials ETF (NYSEARCA:VAW) by 11.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 22,344 shares of the company’s stock after selling 2,819 shares during the period. Avantax Advisory Services Inc. owned 0.15% of Vanguard Materials ETF worth $4,197,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after purchasing an additional 4,308 shares during the period. Truist Financial Corp increased its stake in shares of Vanguard Materials ETF by 9.1% in the 4th quarter. Truist Financial Corp now owns 8,136 shares of the company’s stock valued at $1,528,000 after acquiring an additional 679 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Vanguard Materials ETF in the 3rd quarter valued at $211,000. Empower Advisory Group LLC increased its stake in shares of Vanguard Materials ETF by 3.1% in the 4th quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock valued at $59,714,000 after acquiring an additional 9,651 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Vanguard Materials ETF by 2.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 18,567 shares of the company’s stock valued at $3,926,000 after acquiring an additional 513 shares in the last quarter.

Vanguard Materials ETF Stock Up 1.6 %

NYSEARCA:VAW opened at $190.35 on Friday. The company has a fifty day moving average of $194.93 and a 200-day moving average of $201.33. The firm has a market capitalization of $2.67 billion, a P/E ratio of 22.64 and a beta of 1.12. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve 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.