Independent Advisor Alliance Makes New $1.60 Million Investment in Vanguard Materials ETF (NYSEARCA:VAW)

Independent Advisor Alliance acquired a new stake in Vanguard Materials ETF (NYSEARCA:VAW) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 8,517 shares of the company’s stock, valued at approximately $1,600,000. Independent Advisor Alliance owned 0.06% of Vanguard Materials ETF at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in Vanguard Materials ETF during the third quarter worth about $25,000. Darwin Wealth Management LLC bought a new position in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $31,000. GPS Wealth Strategies Group LLC increased its holdings in shares of Vanguard Materials ETF by 50.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after acquiring an additional 70 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Vanguard Materials ETF by 4,133.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock worth $48,000 after acquiring an additional 248 shares during the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new stake in Vanguard Materials ETF in the 4th quarter valued at $57,000.

Vanguard Materials ETF Price Performance

VAW stock opened at $190.35 on Friday. Vanguard Materials ETF has a one year low of $185.00 and a one year high of $215.82. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 22.64 and a beta of 1.12. The company has a fifty day moving average price of $194.93 and a two-hundred day moving average price of $201.33.

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.