Clark Capital Management Group Inc. acquired a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 31,278 shares of the company’s stock, valued at approximately $4,276,000. Clark Capital Management Group Inc. owned approximately 0.18% of Vanguard Materials ETF as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. Beacon Capital Management Inc. raised its holdings in Vanguard Materials ETF by 3.1% in the 4th quarter. Beacon Capital Management Inc. now owns 1,397,688 shares of the company’s stock valued at $191,064,000 after acquiring an additional 42,531 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Materials ETF by 34.7% in the 4th quarter. Wells Fargo & Company MN now owns 192,123 shares of the company’s stock valued at $26,263,000 after purchasing an additional 49,510 shares during the last quarter. Dupont Capital Management Corp bought a new position in shares of Vanguard Materials ETF in the 4th quarter valued at $10,961,000. LPL Financial LLC increased its stake in shares of Vanguard Materials ETF by 34.2% in the 4th quarter. LPL Financial LLC now owns 69,277 shares of the company’s stock valued at $9,470,000 after purchasing an additional 17,671 shares during the last quarter. Finally, Personal Capital Advisors Corp increased its stake in shares of Vanguard Materials ETF by 27.8% in the 4th quarter. Personal Capital Advisors Corp now owns 53,968 shares of the company’s stock valued at $7,377,000 after purchasing an additional 11,724 shares during the last quarter.
VAW stock traded down $3.10 during midday trading on Friday, reaching $127.99. 107,191 shares of the stock were exchanged, compared to its average volume of 199,615. Vanguard Materials ETF has a 52 week low of $116.03 and a 52 week high of $144.65.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Stockholders of record on Monday, March 19th were paid a $0.3666 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Friday, March 16th.
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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.
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