Simplicity Wealth LLC Purchases Shares of 2,234 Vanguard Materials ETF $VAW

Simplicity Wealth LLC acquired a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the third quarter, Holdings Channel.com reports. The firm acquired 2,234 shares of the company’s stock, valued at approximately $458,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Root Financial Partners LLC purchased a new position in Vanguard Materials ETF during the third quarter valued at approximately $30,000. NBT Bank N A NY boosted its position in Vanguard Materials ETF by 33.7% in the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock worth $43,000 after purchasing an additional 56 shares in the last quarter. CWM LLC grew its stake in shares of Vanguard Materials ETF by 58.9% during the 2nd quarter. CWM LLC now owns 294 shares of the company’s stock worth $57,000 after purchasing an additional 109 shares during the period. Davis Capital Management purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at approximately $59,000. Finally, First Horizon Corp purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at approximately $68,000.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA VAW opened at $231.10 on Friday. The company has a market capitalization of $3.15 billion, a PE ratio of 23.02 and a beta of 1.06. The company’s fifty day moving average price is $209.39 and its 200 day moving average price is $204.79. Vanguard Materials ETF has a 1 year low of $161.43 and a 1 year high of $231.23.

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.