Vanguard Materials ETF (NYSEARCA:VAW) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard Materials ETF (NYSEARCA:VAW) saw unusually-strong trading volume on Tuesday . Approximately 54,125 shares were traded during trading, an increase of 20% from the previous session’s volume of 45,046 shares.The stock last traded at $204.66 and had previously closed at $205.66.

Vanguard Materials ETF Stock Up 0.5 %

The firm has a market cap of $3.06 billion, a PE ratio of 15.20 and a beta of 0.98. The firm’s fifty day simple moving average is $208.66 and its two-hundred day simple moving average is $202.01.

Institutional Investors Weigh In On Vanguard Materials ETF

Institutional investors have recently bought and sold shares of the business. LRI Investments LLC bought a new stake in shares of Vanguard Materials ETF during the third quarter valued at approximately $291,000. MML Investors Services LLC increased its holdings in Vanguard Materials ETF by 6.7% in the 3rd quarter. MML Investors Services LLC now owns 16,926 shares of the company’s stock valued at $3,579,000 after acquiring an additional 1,060 shares during the last quarter. Northeast Financial Consultants Inc purchased a new stake in Vanguard Materials ETF in the 3rd quarter worth $206,000. Orion Portfolio Solutions LLC boosted its holdings in shares of Vanguard Materials ETF by 9.0% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 3,677 shares of the company’s stock valued at $777,000 after purchasing an additional 305 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in shares of Vanguard Materials ETF by 13.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 2,512 shares of the company’s stock valued at $531,000 after purchasing an additional 294 shares during 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.