Vanguard Materials ETF (NYSEARCA:VAW) Sees Strong Trading Volume – Still a Buy?

Vanguard Materials ETF (NYSEARCA:VAW) shares saw unusually-strong trading volume on Tuesday . Approximately 54,125 shares changed hands during 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 price is $208.50 and its 200 day moving average price is $201.95. The firm has a market capitalization of $3.04 billion, a PE ratio of 15.20 and a beta of 0.98.

Institutional Trading of Vanguard Materials ETF

A number of institutional investors have recently added to or reduced their stakes in the business. EP Wealth Advisors LLC raised its stake in shares of Vanguard Materials ETF by 103.6% in the 1st quarter. EP Wealth Advisors LLC now owns 2,164 shares of the company’s stock valued at $442,000 after acquiring an additional 1,101 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its holdings in Vanguard Materials ETF by 673.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 10,463 shares of the company’s stock worth $2,139,000 after acquiring an additional 9,110 shares during the period. Atria Investments Inc lifted its position in Vanguard Materials ETF by 101.9% during the 1st quarter. Atria Investments Inc now owns 19,371 shares of the company’s stock worth $3,960,000 after acquiring an additional 9,776 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Vanguard Materials ETF by 979.6% in the first quarter. Cetera Investment Advisers now owns 113,292 shares of the company’s stock valued at $23,160,000 after purchasing an additional 102,798 shares during the last quarter. Finally, Cetera Advisors LLC grew its holdings in Vanguard Materials ETF by 601.9% in the 1st quarter. Cetera Advisors LLC now owns 38,308 shares of the company’s stock valued at $7,831,000 after buying an additional 32,850 shares during 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.