Maloon Powers Pitre Higgins & Dennehy LLC Takes Position in Vanguard Materials ETF $VAW

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the second quarter, HoldingsChannel reports. The firm acquired 4,550 shares of the company’s stock, valued at approximately $1,041,000.

Several other institutional investors have also bought and sold shares of the stock. Markowski Investments bought a new position in Vanguard Materials ETF in the 2nd quarter valued at about $2,050,000. Timbuktu Capital Management LLC acquired a new position in Vanguard Materials ETF during the 2nd quarter valued at about $221,000. Concurrent Investment Advisors LLC increased its stake in Vanguard Materials ETF by 6.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,990 shares of the company’s stock valued at $913,000 after buying an additional 226 shares during the period. Strengthening Families & Communities LLC raised its position in shares of Vanguard Materials ETF by 2.2% during the 2nd quarter. Strengthening Families & Communities LLC now owns 42,550 shares of the company’s stock worth $9,735,000 after buying an additional 932 shares in the last quarter. Finally, Coppell Advisory Solutions LLC bought a new stake in shares of Vanguard Materials ETF during the 2nd quarter worth about $506,000.

Vanguard Materials ETF Trading Down 0.3%

Shares of NYSEARCA:VAW opened at $235.46 on Friday. The company has a 50 day moving average of $231.27 and a 200-day moving average of $231.31. The firm has a market cap of $3.12 billion, a P/E ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a twelve month low of $190.29 and a twelve month high of $245.26.

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.