M Holdings Securities Inc. increased its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 9.2% in the 1st quarter, Holdings Channel reports. The firm owned 35,210 shares of the company’s stock after acquiring an additional 2,972 shares during the period. Vanguard Materials ETF accounts for 1.0% of M Holdings Securities Inc.’s holdings, making the stock its 17th biggest position. M Holdings Securities Inc.’s holdings in Vanguard Materials ETF were worth $4,334,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Vanguard Materials ETF by 14.8% during the third quarter. Vanguard Group Inc. now owns 12,229 shares of the company’s stock valued at $1,603,000 after acquiring an additional 1,575 shares during the period. Vanguard Group Inc boosted its position in shares of Vanguard Materials ETF by 14.8% in the third quarter. Vanguard Group Inc now owns 12,229 shares of the company’s stock worth $1,603,000 after buying an additional 1,575 shares during the period. Valmark Advisers Inc. boosted its position in shares of Vanguard Materials ETF by 8.0% in the fourth quarter. Valmark Advisers Inc. now owns 204,735 shares of the company’s stock worth $22,691,000 after buying an additional 15,179 shares during the period. Larson Financial Group LLC purchased a new stake in shares of Vanguard Materials ETF in the fourth quarter worth about $53,000. Finally, Institute for Wealth Management LLC. purchased a new stake in shares of Vanguard Materials ETF in the fourth quarter worth about $235,000.
NYSEARCA:VAW opened at $125.80 on Monday. Vanguard Materials ETF has a one year low of $103.54 and a one year high of $138.09.
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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.
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