Vanguard Materials ETF $VAW Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 566.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 69,246 shares of the company’s stock after buying an additional 58,853 shares during the quarter. Corient Private Wealth LLC’s holdings in Vanguard Materials ETF were worth $14,372,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of Vanguard Materials ETF by 748.6% in the first quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock valued at $2,798,000 after buying an additional 13,071 shares in the last quarter. Focus Partners Wealth bought a new position in Vanguard Materials ETF during the first quarter valued at about $272,000. NewEdge Advisors LLC lifted its stake in shares of Vanguard Materials ETF by 119.6% in the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock worth $556,000 after buying an additional 1,553 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Vanguard Materials ETF by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after purchasing an additional 5,920 shares during the period. Finally, Quantinno Capital Management LP grew its position in Vanguard Materials ETF by 76.1% in the 2nd quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after purchasing an additional 4,681 shares during the last quarter.

Vanguard Materials ETF Trading Down 1.8%

VAW opened at $229.67 on Wednesday. Vanguard Materials ETF has a 1 year low of $190.29 and a 1 year high of $245.26. The stock has a market cap of $2.98 billion, a PE ratio of 23.02 and a beta of 0.96. The stock’s 50 day simple moving average is $232.39 and its 200-day simple moving average is $226.94.

Vanguard Materials ETF 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.