Vanguard Materials ETF (NYSEARCA:VAW) Sees Strong Trading Volume – Here’s Why

Shares of Vanguard Materials ETF (NYSEARCA:VAW) saw an uptick in trading volume on Thursday . 219,586 shares changed hands during trading, an increase of 394% from the previous session’s volume of 44,413 shares.The stock last traded at $189.36 and had previously closed at $189.69.

Vanguard Materials ETF Price Performance

The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The firm’s fifty day moving average is $207.31 and its 200-day moving average is $202.56.

Institutional Investors Weigh In On Vanguard Materials ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VAW. EP Wealth Advisors LLC raised its stake in Vanguard Materials ETF by 2.5% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,218 shares of the company’s stock worth $427,000 after buying an additional 54 shares during the period. Private Wealth Advisors LLC lifted its holdings in shares of Vanguard Materials ETF by 0.8% in the 3rd quarter. Private Wealth Advisors LLC now owns 8,751 shares of the company’s stock worth $1,843,000 after purchasing an additional 66 shares in the last quarter. Leavell Investment Management Inc. grew its position in Vanguard Materials ETF by 3.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,595 shares of the company’s stock valued at $551,000 after purchasing an additional 75 shares during the period. Johnson Investment Counsel Inc. increased its stake in Vanguard Materials ETF by 2.9% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 2,746 shares of the company’s stock valued at $529,000 after purchasing an additional 78 shares in the last quarter. Finally, Mason Investment Advisory Services Inc. lifted its stake in shares of Vanguard Materials ETF by 3.2% in the third quarter. Mason Investment Advisory Services Inc. now owns 2,728 shares of the company’s stock valued at $577,000 after buying an additional 84 shares in the last quarter.

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.