Vanguard Materials ETF (NYSEARCA:VAW) Short Interest Update
by Doug Wharley · The Cerbat GemVanguard Materials ETF (NYSEARCA:VAW – Get Free Report) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 28,454 shares, a decrease of 46.3% from the April 15th total of 52,999 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 51,845 shares, the short-interest ratio is presently 0.5 days.
Vanguard Materials ETF Stock Down 2.9%
VAW traded down $6.89 during midday trading on Friday, hitting $226.94. 61,682 shares of the company traded hands, compared to its average volume of 89,705. The firm has a market capitalization of $2.95 billion, a PE ratio of 23.02 and a beta of 0.97. The company’s 50-day moving average is $229.06 and its 200 day moving average is $220.38. Vanguard Materials ETF has a 52 week low of $187.58 and a 52 week high of $245.26.
Institutional Investors Weigh In On Vanguard Materials ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at about $25,000. Godfrey Financial Associates Inc. purchased a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at about $26,000. Parkside Financial Bank & Trust increased its position in shares of Vanguard Materials ETF by 333.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Vanguard Materials ETF in the 3rd quarter worth approximately $30,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in Vanguard Materials ETF during the fourth quarter valued at approximately $30,000.
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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.