Vanguard Materials ETF (NYSEARCA:VAW) Shares Acquired by Founders Grove Wealth Partners LLC

Founders Grove Wealth Partners LLC grew its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 8.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,421 shares of the company’s stock after buying an additional 522 shares during the period. Founders Grove Wealth Partners LLC’s holdings in Vanguard Materials ETF were worth $1,212,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of Vanguard Materials ETF by 3.1% during the 4th quarter. Bank of America Corp DE now owns 1,469,958 shares of the company’s stock valued at $276,117,000 after buying an additional 43,704 shares during the period. Wealthfront Advisers LLC boosted its stake in Vanguard Materials ETF by 17,699.5% during the fourth quarter. Wealthfront Advisers LLC now owns 527,400 shares of the company’s stock worth $99,067,000 after buying an additional 524,437 shares during the period. Empower Advisory Group LLC boosted its stake in Vanguard Materials ETF by 3.1% during the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after buying an additional 9,651 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Vanguard Materials ETF by 7.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 285,984 shares of the company’s stock worth $53,719,000 after buying an additional 20,357 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in Vanguard Materials ETF by 7.9% during the fourth quarter. Wells Fargo & Company MN now owns 270,176 shares of the company’s stock worth $50,750,000 after buying an additional 19,796 shares during the period.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $195.47 on Friday. The firm has a market cap of $2.55 billion, a PE ratio of 23.70 and a beta of 1.06. The company has a 50-day moving average of $185.89 and a two-hundred day moving average of $191.73. Vanguard Materials ETF has a 1-year low of $161.43 and a 1-year high of $215.82.

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.