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

Vanguard Materials ETF (NYSEARCA:VAW) shares saw an uptick in trading volume on Tuesday . 54,125 shares changed hands during mid-day 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 Trading Down 0.2 %

The firm’s fifty day moving average is $208.50 and its 200 day moving average is $201.95. The company has a market cap of $3.04 billion, a PE ratio of 15.20 and a beta of 0.98.

Institutional Trading of Vanguard Materials ETF

Large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Materials ETF by 95.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock worth $75,394,000 after acquiring an additional 191,430 shares during the last quarter. Empower Advisory Group LLC increased its position in shares of Vanguard Materials ETF by 0.6% during the third quarter. Empower Advisory Group LLC now owns 308,249 shares of the company’s stock valued at $65,185,000 after acquiring an additional 1,939 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Vanguard Materials ETF by 2.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 287,750 shares of the company’s stock worth $55,429,000 after purchasing an additional 8,070 shares during the period. Cetera Investment Advisers lifted its stake in Vanguard Materials ETF by 979.6% during the first quarter. Cetera Investment Advisers now owns 113,292 shares of the company’s stock worth $23,160,000 after purchasing an additional 102,798 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Vanguard Materials ETF by 7.5% in the third quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock valued at $17,601,000 after buying an additional 5,802 shares in 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.