Belpointe Asset Management LLC bought a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW – Get Rating) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 245 shares of the company’s stock, valued at approximately $42,000.
Other large investors also recently added to or reduced their stakes in the company. MTM Investment Management LLC acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter valued at approximately $25,000. Concord Wealth Partners bought a new stake in Vanguard Materials ETF during the 4th quarter worth approximately $42,000. Armstrong Advisory Group Inc. bought a new stake in Vanguard Materials ETF during the 4th quarter worth approximately $84,000. Hazlett Burt & Watson Inc. increased its stake in Vanguard Materials ETF by 680.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 507 shares of the company’s stock worth $87,000 after purchasing an additional 442 shares in the last quarter. Finally, Progressive Investment Management Corp bought a new stake in Vanguard Materials ETF during the 4th quarter worth approximately $119,000.
Vanguard Materials ETF Stock Performance
NYSEARCA VAW opened at $166.94 on Friday. The business has a 50 day simple moving average of $173.81 and a 200 day simple moving average of $176.63. Vanguard Materials ETF has a 52-week low of $146.72 and a 52-week high of $193.43. The stock has a market cap of $2.76 billion, a price-to-earnings ratio of 12.30 and a beta of 1.11.
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.
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