Wealthfront Advisers LLC Boosts Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Wealthfront Advisers LLC boosted its position in Vanguard Materials ETF (NYSEARCA:VAW) by 17,699.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 527,400 shares of the company’s stock after buying an additional 524,437 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard Materials ETF were worth $99,067,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empower Advisory Group LLC grew its position in Vanguard Materials ETF by 3.1% in the 4th quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock valued at $59,714,000 after buying an additional 9,651 shares during the last quarter. Stifel Financial Corp grew its position in Vanguard Materials ETF by 7.5% in the 3rd quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock valued at $17,601,000 after buying an additional 5,802 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Materials ETF in the 4th quarter valued at $12,482,000. JPMorgan Chase & Co. grew its position in Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after buying an additional 4,308 shares during the last quarter. Finally, Strengthening Families & Communities LLC grew its position in Vanguard Materials ETF by 5.4% in the 4th quarter. Strengthening Families & Communities LLC now owns 44,924 shares of the company’s stock valued at $8,439,000 after buying an additional 2,321 shares during the last quarter.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA VAW opened at $189.53 on Tuesday. The firm has a market capitalization of $2.67 billion, a P/E ratio of 23.58 and a beta of 1.12. Vanguard Materials ETF has a one year low of $185.00 and a one year high of $215.82. The company’s fifty day moving average is $194.80 and its two-hundred day moving average is $201.72.

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.