Raymond James & Associates Has $5.62 Million Stock Position in Vanguard Materials ETF (NYSEARCA:VAW)

Raymond James & Associates raised its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 12.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,557 shares of the company’s stock after buying an additional 3,001 shares during the period. Raymond James & Associates owned 0.18% of Vanguard Materials ETF worth $5,616,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. CX Institutional acquired a new position in shares of Vanguard Materials ETF during the third quarter worth $524,000. Koshinski Asset Management Inc. bought a new position in Vanguard Materials ETF during the third quarter worth $299,000. Concourse Financial Group Securities Inc. raised its stake in Vanguard Materials ETF by 7.7% during the third quarter. Concourse Financial Group Securities Inc. now owns 3,214 shares of the company’s stock worth $682,000 after buying an additional 231 shares during the last quarter. SignalPoint Asset Management LLC bought a new position in Vanguard Materials ETF during the third quarter worth $214,000. Finally, Unique Wealth LLC bought a new position in Vanguard Materials ETF during the third quarter worth $207,000.

Vanguard Materials ETF Stock Down 0.0 %

Shares of NYSEARCA VAW opened at $205.76 on Friday. Vanguard Materials ETF has a twelve month low of $167.39 and a twelve month high of $215.82. The firm has a fifty day simple moving average of $207.12 and a 200 day simple moving average of $200.88. The company has a market capitalization of $3.05 billion, a PE ratio of 15.20 and a beta of 0.98.

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.