UBS Group AG Cuts Stake in Vanguard Materials ETF $VAW

UBS Group AG lowered its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,735 shares of the company’s stock after selling 3,288 shares during the period. UBS Group AG owned 0.80% of Vanguard Materials ETF worth $22,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of VAW. Sanctuary Advisors LLC boosted its position in shares of Vanguard Materials ETF by 12.0% during the fourth quarter. Sanctuary Advisors LLC now owns 2,206 shares of the company’s stock worth $458,000 after acquiring an additional 237 shares during the last quarter. Advisors Capital Management LLC increased its holdings in Vanguard Materials ETF by 3.1% in the 4th quarter. Advisors Capital Management LLC now owns 3,334 shares of the company’s stock valued at $692,000 after acquiring an additional 100 shares during the last quarter. O ROURKE & COMPANY Inc lifted its stake in Vanguard Materials ETF by 8.8% in the 4th quarter. O ROURKE & COMPANY Inc now owns 1,810 shares of the company’s stock worth $376,000 after purchasing an additional 146 shares in the last quarter. M&T Bank Corp lifted its stake in Vanguard Materials ETF by 107.8% in the 4th quarter. M&T Bank Corp now owns 33,526 shares of the company’s stock worth $6,958,000 after purchasing an additional 17,396 shares in the last quarter. Finally, Silver Coast Investments LLC boosted its holdings in shares of Vanguard Materials ETF by 0.7% during the 4th quarter. Silver Coast Investments LLC now owns 16,557 shares of the company’s stock valued at $3,436,000 after purchasing an additional 120 shares during the last quarter.

Vanguard Materials ETF Stock Up 1.4%

Shares of Vanguard Materials ETF stock opened at $236.42 on Tuesday. Vanguard Materials ETF has a twelve month low of $187.58 and a twelve month high of $245.26. The business has a 50-day moving average price of $229.62 and a 200-day moving average price of $219.64. The firm has a market cap of $3.07 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97.

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.