Parkside Financial Bank & Trust Increases Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Parkside Financial Bank & Trust increased its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 4,133.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 254 shares of the company’s stock after acquiring an additional 248 shares during the period. Parkside Financial Bank & Trust’s holdings in Vanguard Materials ETF were worth $48,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vanguard Materials ETF by 12.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 8,491 shares of the company’s stock valued at $1,796,000 after purchasing an additional 964 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Vanguard Materials ETF by 101.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,389 shares of the company’s stock valued at $294,000 after purchasing an additional 700 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Vanguard Materials ETF by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 7,982 shares of the company’s stock valued at $1,688,000 after buying an additional 661 shares during the period. Madden Advisory Services Inc. raised its holdings in Vanguard Materials ETF by 9.6% during the 3rd quarter. Madden Advisory Services Inc. now owns 1,534 shares of the company’s stock valued at $324,000 after buying an additional 135 shares during the period. Finally, Advisor Resource Council bought a new stake in Vanguard Materials ETF in the third quarter worth $510,000.

Vanguard Materials ETF Stock Down 2.1 %

VAW stock opened at $192.32 on Tuesday. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve month high of $215.82. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 23.58 and a beta of 1.12. The firm’s fifty day simple moving average is $194.56 and its two-hundred day simple moving average is $201.99.

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.