RBA Wealth Management LLC Grows Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

RBA Wealth Management LLC lifted its position in Vanguard Materials ETF (NYSEARCA:VAW) by 11.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,248 shares of the company’s stock after purchasing an additional 133 shares during the quarter. RBA Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $234,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VAW. Empower Advisory Group LLC increased its stake 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 worth $65,185,000 after acquiring an additional 1,939 shares during the period. Stifel Financial Corp increased its position 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. JPMorgan Chase & Co. raised its position in Vanguard Materials ETF by 7.9% during the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after acquiring an additional 4,308 shares during the last quarter. Strengthening Families & Communities LLC lifted its stake in Vanguard Materials ETF by 2.8% in the 3rd quarter. Strengthening Families & Communities LLC now owns 42,603 shares of the company’s stock valued at $9,009,000 after buying an additional 1,177 shares in the last quarter. Finally, KCM Investment Advisors LLC increased its position in Vanguard Materials ETF by 0.4% during the 3rd quarter. KCM Investment Advisors LLC now owns 41,438 shares of the company’s stock worth $8,763,000 after purchasing an additional 184 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of VAW opened at $196.72 on Tuesday. Vanguard Materials ETF has a 1 year low of $179.00 and a 1 year high of $215.82. The company’s 50 day simple moving average is $197.07 and its 200 day simple moving average is $201.98. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

Vanguard Materials ETF 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.