Flagship Wealth Advisors LLC Buys New Shares in Vanguard Materials ETF (NYSEARCA:VAW)

Flagship Wealth Advisors LLC bought a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 631 shares of the company’s stock, valued at approximately $119,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC boosted its position in Vanguard Materials ETF by 17,699.5% during the 4th quarter. Wealthfront Advisers LLC now owns 527,400 shares of the company’s stock valued at $99,067,000 after buying an additional 524,437 shares during the period. Raymond James Financial Inc. purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at $12,482,000. Proficio Capital Partners LLC purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at $7,374,000. Life Planning Partners Inc purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at $6,704,000. Finally, Empower Advisory Group LLC boosted its position in Vanguard Materials ETF by 3.1% during the 4th quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock valued at $59,714,000 after buying an additional 9,651 shares during the period.

Vanguard Materials ETF Stock Up 1.0 %

Shares of VAW opened at $192.30 on Tuesday. The stock has a market capitalization of $2.70 billion, a P/E ratio of 22.64 and a beta of 1.12. The firm has a fifty day simple moving average of $195.04 and a two-hundred day simple moving average of $201.21. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve month high of $215.82.

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.