Vanguard Materials ETF (NYSEARCA:VAW) Hits New 52-Week High at $206.81

Vanguard Materials ETF (NYSEARCA:VAW)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $206.81 and last traded at $206.18, with a volume of 19214 shares. The stock had previously closed at $205.27.

Vanguard Materials ETF Stock Performance

The company’s fifty day moving average price is $199.90 and its 200 day moving average price is $198.79. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

Institutional Trading of Vanguard Materials ETF

Several hedge funds have recently made changes to their positions in VAW. Miller Investment Management LP acquired a new position in Vanguard Materials ETF during the 4th quarter valued at about $1,795,000. Caprock Group LLC bought a new position in Vanguard Materials ETF in the 2nd quarter worth approximately $210,000. Novak & Powell Financial Services Inc. bought a new stake in Vanguard Materials ETF during the 4th quarter valued at $639,000. UBS Group AG raised its stake in Vanguard Materials ETF by 4.3% during the 4th quarter. UBS Group AG now owns 126,665 shares of the company’s stock valued at $24,059,000 after acquiring an additional 5,177 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Vanguard Materials ETF by 5.0% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,917 shares of the company’s stock worth $1,124,000 after acquiring an additional 280 shares during the period.

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.