Dorato Capital Management Makes New Investment in Vanguard Materials ETF $VAW

Dorato Capital Management purchased a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,243 shares of the company’s stock, valued at approximately $953,000.

A number of other large investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its stake in Vanguard Materials ETF by 748.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock valued at $2,798,000 after acquiring an additional 13,071 shares during the period. Focus Partners Wealth purchased a new stake in Vanguard Materials ETF in the first quarter worth approximately $272,000. M Holdings Securities Inc. boosted its holdings in Vanguard Materials ETF by 3.0% in the second quarter. M Holdings Securities Inc. now owns 41,584 shares of the company’s stock worth $8,102,000 after purchasing an additional 1,213 shares during the last quarter. NewEdge Advisors LLC increased its position in Vanguard Materials ETF by 119.6% during the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock valued at $556,000 after acquiring an additional 1,553 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Vanguard Materials ETF by 2.1% during the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after acquiring an additional 5,920 shares during the last quarter.

Vanguard Materials ETF Stock Performance

VAW stock opened at $227.99 on Friday. The business’s 50-day moving average is $231.03 and its two-hundred day moving average is $214.30. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a fifty-two week low of $161.43 and a fifty-two week high of $245.26.

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. 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.