Lido Advisors LLC Has $16.40 Million Stock Holdings in Vanguard Materials ETF $VAW

Lido Advisors LLC lifted its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 5.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,773 shares of the company’s stock after purchasing an additional 3,446 shares during the period. Lido Advisors LLC’s holdings in Vanguard Materials ETF were worth $16,399,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Dorato Capital Management acquired a new stake in Vanguard Materials ETF in the 4th quarter valued at $953,000. Lighthouse Financial Services Inc. ADV acquired a new position in shares of Vanguard Materials ETF during the fourth quarter worth about $4,852,000. Clear Creek Financial Management LLC lifted its stake in shares of Vanguard Materials ETF by 27.0% during the fourth quarter. Clear Creek Financial Management LLC now owns 29,193 shares of the company’s stock worth $6,059,000 after purchasing an additional 6,203 shares in the last quarter. Fifth Third Bancorp boosted its position in shares of Vanguard Materials ETF by 307.4% in the first quarter. Fifth Third Bancorp now owns 8,865 shares of the company’s stock worth $1,998,000 after buying an additional 6,689 shares during the period. Finally, Exchange Traded Concepts LLC boosted its position in shares of Vanguard Materials ETF by 21.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 30,675 shares of the company’s stock worth $6,367,000 after buying an additional 5,440 shares during the period.

Vanguard Materials ETF Stock Performance

VAW stock opened at $223.98 on Friday. Vanguard Materials ETF has a 1 year low of $190.29 and a 1 year high of $245.26. The firm has a market cap of $2.96 billion, a P/E ratio of 23.02 and a beta of 0.96. The stock has a 50-day simple moving average of $229.20 and a 200-day simple moving average of $230.12.

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.