Union Bancaire Privee UBP SA Purchases New Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Union Bancaire Privee UBP SA acquired a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $173,000.

Other large investors have also recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC bought a new position in Vanguard Materials ETF during the 4th quarter valued at $38,000. Global Wealth Strategies & Associates bought a new position in Vanguard Materials ETF during the 1st quarter valued at $38,000. Parkside Financial Bank & Trust boosted its stake in Vanguard Materials ETF by 4,133.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock valued at $48,000 after acquiring an additional 248 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Vanguard Materials ETF by 110.1% during the 4th quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock valued at $54,000 after acquiring an additional 152 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new position in Vanguard Materials ETF during the 4th quarter valued at $71,000.

Vanguard Materials ETF Price Performance

NYSEARCA VAW opened at $192.64 on Friday. Vanguard Materials ETF has a 12 month low of $161.43 and a 12 month high of $215.82. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of 23.70 and a beta of 1.06. The company’s fifty day moving average price is $186.47 and its two-hundred day moving average price is $191.60.

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.