Life Planning Partners Inc Acquires New Shares in Vanguard Materials ETF (NYSEARCA:VAW)

Life Planning Partners Inc bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 35,690 shares of the company’s stock, valued at approximately $6,704,000. Life Planning Partners Inc owned about 0.24% of Vanguard Materials ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC increased its holdings in Vanguard Materials ETF by 689.2% in the fourth quarter. Ashton Thomas Securities LLC now owns 947 shares of the company’s stock worth $178,000 after buying an additional 827 shares during the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of Vanguard Materials ETF during the 4th quarter worth $1,108,000. LPL Financial LLC raised its holdings in shares of Vanguard Materials ETF by 20.5% during the 4th quarter. LPL Financial LLC now owns 163,141 shares of the company’s stock valued at $30,644,000 after purchasing an additional 27,799 shares in the last quarter. Whittier Trust Co. lifted its stake in shares of Vanguard Materials ETF by 18.6% in the 4th quarter. Whittier Trust Co. now owns 2,736 shares of the company’s stock valued at $514,000 after purchasing an additional 429 shares during the last quarter. Finally, North Forty Two & Co. bought a new stake in Vanguard Materials ETF in the fourth quarter worth $437,000.

Vanguard Materials ETF Price Performance

NYSEARCA VAW opened at $187.10 on Friday. Vanguard Materials ETF has a fifty-two week low of $185.00 and a fifty-two week high of $215.82. The stock’s 50-day moving average is $195.11 and its two-hundred day moving average is $200.61. The firm has a market cap of $2.62 billion, a P/E ratio of 22.64 and a beta of 1.12.

Vanguard Materials ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.8309 dividend. This is an increase from Vanguard Materials ETF’s previous dividend of $0.82. The ex-dividend date of this dividend was Tuesday, March 25th.

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.