Big Moves: Investors Shake Up Stakes in Vanguard Materials ETF
In the first quarter, investors made some notable changes to their holdings in the Vanguard Materials ETF (NYSEARCA:VAW).
- Baird Financial Group Inc. trimmed its stake by 3.3%, selling off 167 shares. This left them with 4,894 shares, worth about $924,000.
- Park National Corp OH boosted its stake by a whopping 591%, now holding 44,637 shares worth $8.4 million.
- Raymond James Financial Inc. increased its position by 53.5%, bringing its total to 101,987 shares valued at $19.3 million.
About the Vanguard Materials ETF
The Vanguard Materials ETF aims to mirror the performance of the MSCI US Investable Market Materials 25/50 Index. This index includes large-, mid-, and small-cap U.S. stocks in the materials sector. Think of companies involved in everything from mining to construction materials. It's a broad category, covering a lot of ground in the manufacturing world.
Stock Performance
- Opening Price: $205.30 (recent Wednesday)
- 52-Week Range: Low of $161.43 to High of $215.82
- Market Cap: $2.81 billion
- PE Ratio: 23.02
- Beta: 1.11 (slightly more volatile than the market average)
Investment Strategies
The Vanguard Materials ETF is part of a larger world of investments. There are plenty of other stocks and strategies out there. Some investors might prefer individual stocks over ETFs. Others might look at different sectors or use specific trading strategies. It's all about finding what works best for you.