Raymond James Financial Inc. Makes New $12.48 Million Investment in Vanguard Materials ETF (NYSEARCA:VAW)

Raymond James Financial Inc. acquired a new stake in Vanguard Materials ETF (NYSEARCA:VAW) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 66,452 shares of the company’s stock, valued at approximately $12,482,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Proficio Capital Partners LLC acquired a new position in Vanguard Materials ETF during the fourth quarter valued at approximately $7,374,000. Mason Investment Advisory Services Inc. boosted its holdings in shares of Vanguard Materials ETF by 2.7% in the 4th quarter. Mason Investment Advisory Services Inc. now owns 2,803 shares of the company’s stock valued at $526,000 after buying an additional 75 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in Vanguard Materials ETF by 5.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,712 shares of the company’s stock worth $1,261,000 after buying an additional 329 shares during the last quarter. Sage Rhino Capital LLC raised its position in Vanguard Materials ETF by 1.5% during the fourth quarter. Sage Rhino Capital LLC now owns 11,287 shares of the company’s stock worth $2,120,000 after acquiring an additional 170 shares in the last quarter. Finally, Silver Coast Investments LLC raised its position in Vanguard Materials ETF by 5.0% during the fourth quarter. Silver Coast Investments LLC now owns 16,020 shares of the company’s stock worth $3,009,000 after acquiring an additional 760 shares in the last quarter.

Vanguard Materials ETF Price Performance

Shares of VAW opened at $192.87 on Thursday. The company has a market cap of $2.70 billion, a PE ratio of 22.64 and a beta of 1.12. The firm has a 50-day moving average of $195.24 and a 200-day moving average of $201.05. Vanguard Materials ETF has a one year low of $185.00 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.