Bailard Inc. Increases Position in Vanguard Materials ETF $VAW

Bailard Inc. lifted its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 18.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,498 shares of the company’s stock after acquiring an additional 548 shares during the period. Bailard Inc.’s holdings in Vanguard Materials ETF were worth $682,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VAW. Farther Finance Advisors LLC boosted its holdings in shares of Vanguard Materials ETF by 18.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 3,437 shares of the company’s stock valued at $670,000 after buying an additional 534 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Vanguard Materials ETF during the 1st quarter worth approximately $202,000. Goldman Sachs Group Inc. lifted its position in Vanguard Materials ETF by 748.6% during the first quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock valued at $2,798,000 after acquiring an additional 13,071 shares during the last quarter. Kestra Private Wealth Services LLC purchased a new stake in Vanguard Materials ETF during the first quarter valued at approximately $255,000. Finally, Wedmont Private Capital acquired a new stake in Vanguard Materials ETF in the second quarter valued at approximately $273,000.

Vanguard Materials ETF Trading Down 1.1%

NYSEARCA VAW opened at $195.80 on Friday. The firm’s fifty day simple moving average is $202.15 and its two-hundred day simple moving average is $198.80. The firm has a market capitalization of $2.68 billion, a P/E ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $213.52.

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.