Avantax Advisory Services Inc. Boosts Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Avantax Advisory Services Inc. raised its position in Vanguard Materials ETF (NYSEARCA:VAW) by 41.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,394 shares of the company’s stock after buying an additional 7,428 shares during the period. Avantax Advisory Services Inc. owned 0.17% of Vanguard Materials ETF worth $5,191,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Vanguard Materials ETF by 1.1% in the 4th quarter. Brighton Jones LLC now owns 5,777 shares of the company’s stock valued at $1,097,000 after buying an additional 62 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Materials ETF by 0.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,269 shares of the company’s stock worth $1,486,000 after acquiring an additional 67 shares during the last quarter. Parsons Capital Management Inc. RI lifted its holdings in shares of Vanguard Materials ETF by 0.4% during the 4th quarter. Parsons Capital Management Inc. RI now owns 15,838 shares of the company’s stock worth $3,008,000 after acquiring an additional 68 shares during the last quarter. Allworth Financial LP raised its position in Vanguard Materials ETF by 67.0% in the 4th quarter. Allworth Financial LP now owns 182 shares of the company’s stock worth $35,000 after purchasing an additional 73 shares during the period. Finally, Sage Rhino Capital LLC raised its position in Vanguard Materials ETF by 0.7% in the 4th quarter. Sage Rhino Capital LLC now owns 10,933 shares of the company’s stock worth $2,077,000 after purchasing an additional 76 shares during the period.

Vanguard Materials ETF Stock Performance

NYSEARCA:VAW traded up $4.26 during trading hours on Tuesday, reaching $202.86. The company’s stock had a trading volume of 41,543 shares, compared to its average volume of 54,754. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The firm has a 50-day simple moving average of $197.61 and a 200-day simple moving average of $194.20. Vanguard Materials ETF has a 1 year low of $162.48 and a 1 year high of $205.99.

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.