UBS Group AG Cuts Stock Position in Vanguard Materials ETF $VAW

UBS Group AG decreased its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,735 shares of the company’s stock after selling 3,288 shares during the quarter. UBS Group AG’s holdings in Vanguard Materials ETF were worth $22,568,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of VAW. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Materials ETF in the 4th quarter worth about $25,000. Root Financial Partners LLC bought a new position in shares of Vanguard Materials ETF in the 3rd quarter valued at about $30,000. Paladin Advisory Group LLC purchased a new position in Vanguard Materials ETF in the third quarter worth about $56,000. NBT Bank N A NY grew its position in Vanguard Materials ETF by 33.3% in the third quarter. NBT Bank N A NY now owns 296 shares of the company’s stock worth $61,000 after acquiring an additional 74 shares in the last quarter. Finally, First Horizon Corp bought a new stake in Vanguard Materials ETF during the third quarter worth approximately $68,000.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $236.42 on Tuesday. Vanguard Materials ETF has a 1 year low of $187.58 and a 1 year high of $245.26. The stock’s 50 day simple moving average is $229.62 and its two-hundred day simple moving average is $219.64. The company has a market cap of $3.07 billion, a PE ratio of 23.02 and a beta of 0.97.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.