Vanguard Materials ETF (NYSEARCA:VAW) Sees Large Volume Increase – What’s Next?

Vanguard Materials ETF (NYSEARCA:VAW) saw an uptick in trading volume on Wednesday . 136,328 shares changed hands during mid-day trading, an increase of 104% from the previous session’s volume of 66,868 shares.The stock last traded at $193.01 and had previously closed at $191.88.

Vanguard Materials ETF Stock Up 1.2 %

The company’s 50 day simple moving average is $199.90 and its 200-day simple moving average is $201.73. The firm has a market cap of $2.88 billion, a P/E ratio of 15.20 and a beta of 0.98.

Institutional Trading of Vanguard Materials ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Wealthcare Advisory Partners LLC grew its holdings in shares of Vanguard Materials ETF by 2.5% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 16,463 shares of the company’s stock worth $3,092,000 after purchasing an additional 395 shares during the last quarter. SignalPoint Asset Management LLC grew its stake in Vanguard Materials ETF by 37.7% in the 4th quarter. SignalPoint Asset Management LLC now owns 1,389 shares of the company’s stock worth $261,000 after acquiring an additional 380 shares in the last quarter. Sagace Wealth Management LLC increased its position in shares of Vanguard Materials ETF by 12.6% during the fourth quarter. Sagace Wealth Management LLC now owns 22,010 shares of the company’s stock worth $4,134,000 after acquiring an additional 2,470 shares during the period. Founders Grove Wealth Partners LLC bought a new stake in shares of Vanguard Materials ETF during the fourth quarter valued at approximately $1,108,000. Finally, Sharper & Granite LLC boosted its holdings in shares of Vanguard Materials ETF by 2.6% in the fourth quarter. Sharper & Granite LLC now owns 5,903 shares of the company’s stock valued at $1,109,000 after purchasing an additional 149 shares during the period.

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.