Founders Grove Wealth Partners LLC Invests $1.11 Million in Vanguard Materials ETF (NYSEARCA:VAW)

Founders Grove Wealth Partners LLC bought a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,899 shares of the company’s stock, valued at approximately $1,108,000.

Several other large investors have also made changes to their positions in VAW. Choreo LLC bought a new stake in shares of Vanguard Materials ETF in the 2nd quarter worth about $293,000. Renaissance Technologies LLC grew its holdings in shares of Vanguard Materials ETF by 31.3% in the 2nd quarter. Renaissance Technologies LLC now owns 2,100 shares of the company’s stock worth $405,000 after purchasing an additional 500 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard Materials ETF by 2.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 287,750 shares of the company’s stock worth $55,429,000 after purchasing an additional 8,070 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Materials ETF by 95.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock worth $75,394,000 after purchasing an additional 191,430 shares during the last quarter. Finally, EP Wealth Advisors LLC grew its holdings in Vanguard Materials ETF by 2.5% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,218 shares of the company’s stock worth $427,000 after acquiring an additional 54 shares during the last quarter.

Vanguard Materials ETF Stock Up 1.2 %

Shares of NYSEARCA:VAW opened at $191.88 on Wednesday. Vanguard Materials ETF has a 12 month low of $179.00 and a 12 month high of $215.82. The company’s 50-day moving average price is $199.90 and its two-hundred day moving average price is $201.73. The firm has a market cap of $2.84 billion, a P/E ratio of 15.20 and a beta of 0.98.

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.