Foundations Investment Advisors LLC Increases Position in Vanguard Materials ETF (NYSEARCA:VAW)

Foundations Investment Advisors LLC increased its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 6.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,036 shares of the company’s stock after purchasing an additional 932 shares during the quarter. Foundations Investment Advisors LLC owned 0.11% of Vanguard Materials ETF worth $3,012,000 at the end of the most recent reporting period.

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

Vanguard Materials ETF Stock Down 0.3 %

VAW opened at $198.00 on Tuesday. The company has a market cap of $2.93 billion, a PE ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a twelve month low of $179.00 and a twelve month high of $215.82. The company has a 50-day moving average price of $198.04 and a 200 day moving average price of $202.05.

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.