Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Update

Vanguard Materials ETF (NYSEARCA:VAW) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 28,454 shares, a decline of 46.3% from the April 15th total of 52,999 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 51,845 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Vanguard Materials ETF

A number of hedge funds have recently modified their holdings of the business. KCM Investment Advisors LLC lifted its holdings in shares of Vanguard Materials ETF by 15.1% during the first quarter. KCM Investment Advisors LLC now owns 42,492 shares of the company’s stock worth $9,575,000 after purchasing an additional 5,579 shares during the period. Quantinno Capital Management LP lifted its holdings in Vanguard Materials ETF by 6.9% in the first quarter. Quantinno Capital Management LP now owns 13,551 shares of the company’s stock valued at $3,054,000 after buying an additional 878 shares during the period. Waverly Advisors LLC lifted its holdings in Vanguard Materials ETF by 23.8% in the first quarter. Waverly Advisors LLC now owns 1,587 shares of the company’s stock valued at $358,000 after buying an additional 305 shares during the period. Lido Advisors LLC lifted its holdings in Vanguard Materials ETF by 5.0% in the first quarter. Lido Advisors LLC now owns 72,773 shares of the company’s stock valued at $16,399,000 after buying an additional 3,446 shares during the period. Finally, Hanover Advisors Inc. acquired a new position in Vanguard Materials ETF in the first quarter valued at $226,000.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA:VAW traded down $0.41 during mid-day trading on Monday, reaching $226.53. 63,927 shares of the company’s stock were exchanged, compared to its average volume of 89,430. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97. The business’s fifty day moving average price is $229.06 and its 200-day moving average price is $220.51. Vanguard Materials ETF has a twelve month low of $187.58 and a twelve month high of $245.26.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.