Russell Investments Group Ltd. Boosts Stake in Vanguard Materials ETF $VAW

Russell Investments Group Ltd. boosted its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 33.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 388 shares of the company’s stock after purchasing an additional 98 shares during the period. Russell Investments Group Ltd.’s holdings in Vanguard Materials ETF were worth $73,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of Vanguard Materials ETF by 3.1% in the fourth quarter. Bank of America Corp DE now owns 1,469,958 shares of the company’s stock worth $276,117,000 after purchasing an additional 43,704 shares in the last quarter. Park National Corp OH grew its holdings in shares of Vanguard Materials ETF by 591.0% during the 1st quarter. Park National Corp OH now owns 44,637 shares of the company’s stock valued at $8,428,000 after purchasing an additional 38,177 shares during the last quarter. Empower Advisory Group LLC increased its stake in Vanguard Materials ETF by 7.2% in the 1st quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock worth $64,351,000 after purchasing an additional 22,923 shares during the period. LRI Investments LLC increased its stake in shares of Vanguard Materials ETF by 1,461.7% in the first quarter. LRI Investments LLC now owns 22,129 shares of the company’s stock worth $4,178,000 after buying an additional 20,712 shares during the period. Finally, Gibraltar Capital Management Inc. purchased a new position in Vanguard Materials ETF during the 1st quarter valued at about $2,924,000.

Vanguard Materials ETF Trading Up 0.4%

Shares of NYSEARCA VAW opened at $206.32 on Friday. Vanguard Materials ETF has a 12 month low of $161.43 and a 12 month high of $215.82. The firm has a fifty day simple moving average of $201.95 and a two-hundred day simple moving average of $193.15. The firm has a market capitalization of $2.83 billion, a PE ratio of 23.02 and a beta of 1.11.

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.