Vanguard Materials ETF $VAW Shares Newly Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new position in Vanguard Materials ETF (NYSEARCA:VAW) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,681 shares of the company’s stock, valued at approximately $803,000.

Other institutional investors have also modified their holdings of the company. Hegarty Advisors LLC grew its stake in Vanguard Materials ETF by 69.1% during the 3rd quarter. Hegarty Advisors LLC now owns 1,546 shares of the company’s stock valued at $337,000 after purchasing an additional 632 shares in the last quarter. Retirement Planning Group LLC purchased a new stake in Vanguard Materials ETF during the 3rd quarter worth approximately $4,031,000. Capital Square LLC increased its holdings in Vanguard Materials ETF by 6.7% during the 3rd quarter. Capital Square LLC now owns 1,834 shares of the company’s stock worth $400,000 after purchasing an additional 115 shares during the last quarter. Independent Wealth Network Inc. increased its holdings in Vanguard Materials ETF by 7.7% during the 3rd quarter. Independent Wealth Network Inc. now owns 991 shares of the company’s stock worth $216,000 after purchasing an additional 71 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of Vanguard Materials ETF by 1,425.0% in the 3rd quarter. IFP Advisors Inc now owns 244 shares of the company’s stock valued at $53,000 after purchasing an additional 228 shares in the last quarter.

Vanguard Materials ETF Stock Down 0.1%

Shares of VAW opened at $226.50 on Friday. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of 23.02 and a beta of 0.97. The business’s 50 day moving average is $228.27 and its two-hundred day moving average is $230.02. Vanguard Materials ETF has a 52-week low of $190.29 and a 52-week high of $245.26.

About Vanguard Materials ETF

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.