The Manufacturers Life Insurance Company Buys 8,070 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

The Manufacturers Life Insurance Company increased its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 2.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 287,750 shares of the company’s stock after purchasing an additional 8,070 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vanguard Materials ETF were worth $55,429,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. New Millennium Group LLC bought a new position in shares of Vanguard Materials ETF in the 2nd quarter valued at about $33,000. Rosenberg Matthew Hamilton acquired a new stake in Vanguard Materials ETF in the 2nd quarter valued at about $42,000. CWM LLC grew its holdings in Vanguard Materials ETF by 35.9% during the second quarter. CWM LLC now owns 231 shares of the company’s stock worth $44,000 after purchasing an additional 61 shares during the period. Woodmont Investment Counsel LLC acquired a new position in Vanguard Materials ETF during the first quarter worth approximately $51,000. Finally, Assetmark Inc. bought a new stake in Vanguard Materials ETF in the fourth quarter valued at approximately $67,000.

Vanguard Materials ETF Trading Down 0.2 %

Shares of NYSEARCA VAW opened at $212.41 on Friday. The company has a market capitalization of $3.15 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 12 month low of $162.48 and a 12 month high of $214.40. The stock has a 50 day moving average of $201.13 and a 200-day moving average of $199.37.

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.