SignalPoint Asset Management LLC Has $261,000 Stake in Vanguard Materials ETF (NYSEARCA:VAW)

SignalPoint Asset Management LLC raised its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 37.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,389 shares of the company’s stock after buying an additional 380 shares during the period. SignalPoint Asset Management LLC’s holdings in Vanguard Materials ETF were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sagace Wealth Management LLC boosted its holdings in shares of Vanguard Materials ETF by 12.6% in the 4th quarter. Sagace Wealth Management LLC now owns 22,010 shares of the company’s stock valued at $4,134,000 after buying an additional 2,470 shares during the last quarter. Founders Grove Wealth Partners LLC bought a new stake in Vanguard Materials ETF during the fourth quarter worth $1,108,000. Sharper & Granite LLC lifted its stake in Vanguard Materials ETF by 2.6% in the fourth quarter. Sharper & Granite LLC now owns 5,903 shares of the company’s stock valued at $1,109,000 after acquiring an additional 149 shares during the last quarter. First Financial Corp IN grew its position in shares of Vanguard Materials ETF by 2.1% in the 4th quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock valued at $509,000 after acquiring an additional 56 shares during the period. Finally, City State Bank increased its stake in shares of Vanguard Materials ETF by 10.2% during the 4th quarter. City State Bank now owns 3,999 shares of the company’s stock worth $751,000 after purchasing an additional 370 shares during the last quarter.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA:VAW opened at $195.47 on Friday. Vanguard Materials ETF has a 52-week low of $179.00 and a 52-week high of $215.82. The company has a market capitalization of $2.89 billion, a P/E ratio of 15.20 and a beta of 0.98. The company has a 50-day simple moving average of $199.19 and a 200 day simple moving average of $201.63.

About Vanguard Materials ETF

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.