Advisors Capital Management LLC Has $618,000 Stock Holdings in Vanguard Materials ETF $VAW

Advisors Capital Management LLC raised its position in Vanguard Materials ETF (NYSEARCA:VAW) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,270 shares of the company’s stock after buying an additional 123 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard Materials ETF were worth $618,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VAW. Greykasell Wealth Strategies Inc. acquired a new position in Vanguard Materials ETF in the 1st quarter valued at $25,000. Global Wealth Strategies & Associates acquired a new position in Vanguard Materials ETF in the 1st quarter valued at $38,000. Fourth Dimension Wealth LLC acquired a new position in Vanguard Materials ETF in the 4th quarter valued at $38,000. Olistico Wealth LLC acquired a new position in Vanguard Materials ETF in the 1st quarter valued at $42,000. Finally, Wealth Preservation Advisors LLC acquired a new position in Vanguard Materials ETF in the 1st quarter valued at $52,000.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA VAW opened at $208.16 on Friday. The stock’s fifty day moving average price is $202.95 and its two-hundred day moving average price is $193.56. Vanguard Materials ETF has a one year low of $161.43 and a one year high of $215.82. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11.

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.