Farrell Financial LLC Increases Position in Vanguard Materials ETF (NYSEARCA:VAW)

Farrell Financial LLC raised its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,489 shares of the company’s stock after purchasing an additional 124 shares during the period. Vanguard Materials ETF makes up approximately 0.9% of Farrell Financial LLC’s holdings, making the stock its 25th largest holding. Farrell Financial LLC’s holdings in Vanguard Materials ETF were worth $1,219,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VAW. JPMorgan Chase & Co. lifted its position in Vanguard Materials ETF by 7.9% in the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after purchasing an additional 4,308 shares during the last quarter. Hershey Financial Advisers LLC purchased a new position in shares of Vanguard Materials ETF in the second quarter worth $1,613,000. Unique Wealth LLC bought a new stake in Vanguard Materials ETF during the 3rd quarter valued at $207,000. Janney Montgomery Scott LLC boosted its position in Vanguard Materials ETF by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 7,982 shares of the company’s stock valued at $1,688,000 after buying an additional 661 shares during the period. Finally, Benjamin Edwards Inc. bought a new stake in Vanguard Materials ETF in the 3rd quarter worth $211,000.

Vanguard Materials ETF Trading Up 1.3 %

Shares of NYSEARCA:VAW opened at $199.38 on Wednesday. The company has a 50-day moving average price of $198.62 and a 200-day moving average price of $201.86. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 12 month low of $179.00 and a 12 month high of $215.82.

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.