Vanguard Materials ETF (NYSEARCA:VAW) Hits New 52-Week High at $210.00

Vanguard Materials ETF (NYSEARCA:VAW) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $210.00 and last traded at $210.00, with a volume of 139 shares. The stock had previously closed at $208.29.

Vanguard Materials ETF Price Performance

The firm has a market cap of $3.11 billion, a PE ratio of 15.20 and a beta of 0.98. The stock’s fifty day simple moving average is $200.25 and its 200-day simple moving average is $199.01.

Institutional Investors Weigh In On Vanguard Materials ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Beacon Capital Management Inc. raised its stake in shares of Vanguard Materials ETF by 221.5% during the 1st quarter. Beacon Capital Management Inc. now owns 844,957 shares of the company’s stock valued at $172,185,000 after buying an additional 582,123 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Materials ETF by 95.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock valued at $75,394,000 after acquiring an additional 191,430 shares during the period. Cetera Investment Advisers boosted its position in Vanguard Materials ETF by 979.6% in the 1st quarter. Cetera Investment Advisers now owns 113,292 shares of the company’s stock worth $23,160,000 after purchasing an additional 102,798 shares in the last quarter. Polianta Ltd acquired a new stake in shares of Vanguard Materials ETF during the 2nd quarter worth approximately $6,819,000. Finally, Cetera Advisors LLC increased its holdings in shares of Vanguard Materials ETF by 601.9% during the 1st quarter. Cetera Advisors LLC now owns 38,308 shares of the company’s stock valued at $7,831,000 after purchasing an additional 32,850 shares in 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.