TrueWealth Financial Partners Takes $2.60 Million Position in Vanguard Materials ETF $VAW

TrueWealth Financial Partners purchased a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,549 shares of the company’s stock, valued at approximately $2,602,000. Vanguard Materials ETF makes up approximately 1.0% of TrueWealth Financial Partners’ investment portfolio, making the stock its 17th biggest position.

A number of other institutional investors have also added to or reduced their stakes in VAW. Ameritas Advisory Services LLC boosted its holdings in shares of Vanguard Materials ETF by 7,904.5% during the 4th quarter. Ameritas Advisory Services LLC now owns 106,700 shares of the company’s stock valued at $22,146,000 after buying an additional 105,367 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Materials ETF by 87.1% in the 2nd quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock worth $28,645,000 after acquiring an additional 68,427 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Vanguard Materials ETF by 36.1% in the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after acquiring an additional 43,024 shares in the last quarter. Guardian Wealth Management LLC purchased a new position in Vanguard Materials ETF during the 4th quarter valued at about $5,406,000. Finally, M Holdings Securities Inc. purchased a new position in Vanguard Materials ETF during the 4th quarter valued at about $5,363,000.

Vanguard Materials ETF Price Performance

NYSEARCA:VAW opened at $228.30 on Friday. The firm has a market capitalization of $3.02 billion, a P/E ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a one year low of $190.29 and a one year high of $245.26. The company’s 50-day simple moving average is $229.47 and its 200 day simple moving average is $230.49.

Vanguard Materials ETF 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.