Empower Advisory Group LLC Purchases 9,651 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Empower Advisory Group LLC grew its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 317,900 shares of the company’s stock after purchasing an additional 9,651 shares during the quarter. Empower Advisory Group LLC owned approximately 2.15% of Vanguard Materials ETF worth $59,714,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Life Planning Partners Inc acquired a new stake in Vanguard Materials ETF in the fourth quarter valued at $6,704,000. Rockefeller Capital Management L.P. grew its position in shares of Vanguard Materials ETF by 19.1% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 39,675 shares of the company’s stock valued at $8,389,000 after buying an additional 6,350 shares during the last quarter. Founders Grove Wealth Partners LLC acquired a new stake in shares of Vanguard Materials ETF in the fourth quarter valued at about $1,108,000. Stifel Financial Corp raised its position in shares of Vanguard Materials ETF by 7.5% during the third quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after acquiring an additional 5,802 shares during the last quarter. Finally, Bonfire Financial bought a new position in shares of Vanguard Materials ETF during the fourth quarter worth about $882,000.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $199.78 on Tuesday. The stock has a market capitalization of $2.96 billion, a PE ratio of 15.20 and a beta of 0.98. The business’s 50 day simple moving average is $194.56 and its 200 day simple moving average is $201.84. Vanguard Materials ETF has a one year low of $184.59 and a one year high of $215.82.

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.