Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Down 35.4% in June

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

Institutional Trading of Vanguard Materials ETF

A number of institutional investors have recently bought and sold shares of VAW. Dorato Capital Management bought a new stake in Vanguard Materials ETF during the fourth quarter worth about $953,000. Clear Creek Financial Management LLC increased its holdings in Vanguard Materials ETF by 27.0% in the 4th quarter. Clear Creek Financial Management LLC now owns 29,193 shares of the company’s stock valued at $6,059,000 after buying an additional 6,203 shares during the period. Exchange Traded Concepts LLC increased its holdings in Vanguard Materials ETF by 21.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 30,675 shares of the company’s stock valued at $6,367,000 after buying an additional 5,440 shares during the period. Strategic Investment Advisors MI bought a new position in Vanguard Materials ETF in the 3rd quarter valued at about $36,562,000. Finally, Lighthouse Financial Services Inc. ADV acquired a new position in shares of Vanguard Materials ETF in the 4th quarter valued at approximately $4,852,000.

Vanguard Materials ETF Stock Performance

VAW stock opened at $223.61 on Friday. Vanguard Materials ETF has a 52 week low of $190.29 and a 52 week high of $245.26. The company has a market capitalization of $2.96 billion, a PE ratio of 23.02 and a beta of 0.96. The company’s 50-day simple moving average is $230.16 and its 200 day simple moving average is $229.56.

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. 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.