Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Update

Vanguard Materials ETF (NYSEARCA:VAW) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 32,941 shares, a drop of 35.4% from the June 15th total of 50,998 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 55,539 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Vanguard Materials ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its position in Vanguard Materials ETF by 748.6% in the first quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock worth $2,798,000 after buying an additional 13,071 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of Vanguard Materials ETF during the 1st quarter valued at about $272,000. NewEdge Advisors LLC lifted its position in shares of Vanguard Materials ETF by 119.6% during the 2nd quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock valued at $556,000 after buying an additional 1,553 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Vanguard Materials ETF by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after acquiring an additional 5,920 shares during the period. Finally, Quantinno Capital Management LP grew its stake in shares of Vanguard Materials ETF by 76.1% during the 2nd quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock valued at $2,111,000 after acquiring an additional 4,681 shares during the period.

Vanguard Materials ETF Stock Performance

Shares of VAW stock traded down $1.32 during mid-day trading on Friday, reaching $224.49. 22,557 shares of the company’s stock traded hands, compared to its average volume of 79,052. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26. The firm has a 50 day moving average price of $230.35 and a two-hundred day moving average price of $229.61. The firm has a market capitalization of $2.97 billion, a PE ratio of 23.02 and a beta of 0.96.

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.