Fifth Third Bancorp Purchases 6,689 Shares of Vanguard Materials ETF $VAW

Fifth Third Bancorp lifted its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 307.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,865 shares of the company’s stock after purchasing an additional 6,689 shares during the period. Fifth Third Bancorp owned about 0.07% of Vanguard Materials ETF worth $1,998,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in Vanguard Materials ETF by 748.6% in the 1st 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 period. Focus Partners Wealth acquired a new stake in Vanguard Materials ETF in the first quarter valued at $272,000. NewEdge Advisors LLC increased its holdings in Vanguard Materials ETF by 119.6% in the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock valued at $556,000 after purchasing an additional 1,553 shares during the period. The Manufacturers Life Insurance Company raised its position in Vanguard Materials ETF by 2.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock worth $55,528,000 after purchasing an additional 5,920 shares during the last quarter. Finally, Quantinno Capital Management LP raised its position in Vanguard Materials ETF by 76.1% during the 2nd quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock worth $2,111,000 after purchasing an additional 4,681 shares during the last quarter.

Vanguard Materials ETF Trading Up 1.4%

NYSEARCA VAW opened at $226.02 on Thursday. The business’s 50-day moving average price is $229.40 and its two-hundred day moving average price is $230.03. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26. The firm has a market capitalization of $2.99 billion, a PE ratio of 23.02 and a beta of 0.96.

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.