Founders Grove Wealth Partners LLC Buys New Shares in Vanguard Materials ETF (NYSEARCA:VAW)

Founders Grove Wealth Partners LLC purchased a new stake in Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,899 shares of the company’s stock, valued at approximately $1,108,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Sharper & Granite LLC increased its holdings in Vanguard Materials ETF by 2.6% in the 4th quarter. Sharper & Granite LLC now owns 5,903 shares of the company’s stock valued at $1,109,000 after buying an additional 149 shares during the period. First Financial Corp IN increased its holdings in Vanguard Materials ETF by 2.1% in the 4th quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock valued at $509,000 after buying an additional 56 shares during the period. City State Bank increased its holdings in Vanguard Materials ETF by 10.2% in the 4th quarter. City State Bank now owns 3,999 shares of the company’s stock valued at $751,000 after buying an additional 370 shares during the period. Praetorian Wealth Management Inc. bought a new stake in Vanguard Materials ETF in the 4th quarter valued at $479,000. Finally, JPMorgan Chase & Co. increased its holdings in Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after buying an additional 4,308 shares during the period.

Vanguard Materials ETF Price Performance

Shares of Vanguard Materials ETF stock opened at $191.88 on Wednesday. The firm has a market capitalization of $2.84 billion, a PE ratio of 15.20 and a beta of 0.98. The company’s fifty day moving average price is $199.90 and its two-hundred day moving average price is $201.73. Vanguard Materials ETF has a 52-week low of $179.00 and a 52-week high of $215.82.

About Vanguard Materials ETF

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.