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

Vanguard Materials ETF (NYSEARCA:VAW) saw strong trading volume on Tuesday . 143,879 shares were traded during trading, an increase of 142% from the previous session’s volume of 59,522 shares.The stock last traded at $198.83 and had previously closed at $197.60.

Vanguard Materials ETF Stock Up 0.6 %

The business has a 50 day moving average price of $195.35 and a 200 day moving average price of $201.93. The stock has a market cap of $2.94 billion, a P/E ratio of 15.20 and a beta of 0.98.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in shares of Vanguard Materials ETF by 20.5% in the fourth quarter. LPL Financial LLC now owns 163,141 shares of the company’s stock valued at $30,644,000 after purchasing an additional 27,799 shares during the period. Whittier Trust Co. raised its position in Vanguard Materials ETF by 18.6% during the 4th quarter. Whittier Trust Co. now owns 2,736 shares of the company’s stock valued at $514,000 after purchasing an additional 429 shares in the last quarter. North Forty Two & Co. purchased a new stake in shares of Vanguard Materials ETF in the 4th quarter worth $437,000. Thrivent Financial for Lutherans grew its position in shares of Vanguard Materials ETF by 0.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 18,670 shares of the company’s stock worth $3,507,000 after buying an additional 103 shares in the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Vanguard Materials ETF during the fourth quarter valued at $119,000.

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.