Bonfire Financial Makes New Investment in Vanguard Materials ETF (NYSEARCA:VAW)

Bonfire Financial bought a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,695 shares of the company’s stock, valued at approximately $882,000. Vanguard Materials ETF comprises 0.8% of Bonfire Financial’s portfolio, making the stock its 26th biggest holding.

Several other large investors also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new position in Vanguard Materials ETF in the third quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in Vanguard Materials ETF in the 3rd quarter valued at about $31,000. GPS Wealth Strategies Group LLC raised its position in shares of Vanguard Materials ETF by 50.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after buying an additional 70 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Materials ETF during the 4th quarter worth approximately $57,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $60,000.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA:VAW opened at $197.60 on Tuesday. Vanguard Materials ETF has a 1 year low of $181.04 and a 1 year high of $215.82. The stock has a market capitalization of $2.93 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The company’s 50 day simple moving average is $195.64 and its 200 day simple moving average is $201.93.

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.