Vanguard Materials ETF (NYSEARCA:VAW) Sets New 12-Month High at $206.61

Vanguard Materials ETF (NYSEARCA:VAW) hit a new 52-week high during trading on Friday . The company traded as high as $206.61 and last traded at $206.38, with a volume of 27078 shares trading hands. The stock had previously closed at $204.23.

Vanguard Materials ETF Price Performance

The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The business has a 50 day moving average of $197.46 and a 200 day moving average of $197.70.

Hedge Funds Weigh In On Vanguard Materials ETF

A number of hedge funds have recently made changes to their positions in VAW. Simplex Trading LLC bought a new stake in shares of Vanguard Materials ETF in the 4th quarter valued at approximately $93,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of Vanguard Materials ETF by 6.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 15,402 shares of the company’s stock valued at $2,925,000 after acquiring an additional 998 shares during the period. Concourse Financial Group Securities Inc. lifted its holdings in shares of Vanguard Materials ETF by 63.8% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 6,624 shares of the company’s stock valued at $1,258,000 after acquiring an additional 2,581 shares during the period. Principal Securities Inc. acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter valued at $35,000. Finally, Lebenthal Global Advisors LLC grew its holdings in shares of Vanguard Materials ETF by 73.9% in the 4th quarter. Lebenthal Global Advisors LLC now owns 6,445 shares of the company’s stock worth $1,224,000 after purchasing an additional 2,738 shares during the last quarter.

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.