Janney Montgomery Scott LLC Buys 661 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Janney Montgomery Scott LLC raised its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 9.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,982 shares of the company’s stock after purchasing an additional 661 shares during the quarter. Janney Montgomery Scott LLC owned 0.05% of Vanguard Materials ETF worth $1,688,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Caprock Group LLC bought a new position in Vanguard Materials ETF in the 2nd quarter worth approximately $210,000. CWM LLC boosted its holdings in Vanguard Materials ETF by 35.9% during the 2nd quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after acquiring an additional 61 shares during the period. Nisa Investment Advisors LLC bought a new position in shares of Vanguard Materials ETF in the second quarter worth about $1,760,000. Hershey Financial Advisers LLC bought a new position in Vanguard Materials ETF in the 2nd quarter worth about $1,613,000. Finally, TIAA Trust National Association raised its position in Vanguard Materials ETF by 13.6% during the 2nd quarter. TIAA Trust National Association now owns 2,383 shares of the company’s stock valued at $459,000 after purchasing an additional 285 shares in the last quarter.

Vanguard Materials ETF Stock Performance

NYSEARCA VAW opened at $206.92 on Thursday. Vanguard Materials ETF has a one year low of $171.34 and a one year high of $215.82. The company’s 50-day simple moving average is $207.89 and its two-hundred day simple moving average is $201.68. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

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.