Park National Corp OH Buys New Shares in Vanguard Materials ETF $VAW

Park National Corp OH purchased a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 28,636 shares of the company’s stock, valued at approximately $6,248,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC boosted its holdings in Vanguard Materials ETF by 566.3% in the 4th quarter. Corient Private Wealth LLC now owns 69,246 shares of the company’s stock worth $14,372,000 after buying an additional 58,853 shares during the period. Ameritas Advisory Services LLC lifted its holdings in Vanguard Materials ETF by 42.0% in the 2nd quarter. Ameritas Advisory Services LLC now owns 141,961 shares of the company’s stock worth $32,479,000 after purchasing an additional 41,961 shares in the last quarter. M Holdings Securities Inc. bought a new position in Vanguard Materials ETF in the 4th quarter worth approximately $5,363,000. Sound Financial Strategies Group LLC purchased a new stake in Vanguard Materials ETF during the 2nd quarter valued at approximately $3,242,000. Finally, Shelter Mutual Insurance Co purchased a new stake in Vanguard Materials ETF during the 2nd quarter valued at approximately $1,832,000.

Vanguard Materials ETF Stock Performance

Shares of Vanguard Materials ETF stock traded up $2.59 on Monday, hitting $222.44. 26,174 shares of the company traded hands, compared to its average volume of 73,644. Vanguard Materials ETF has a 52 week low of $190.29 and a 52 week high of $245.26. The business has a 50-day simple moving average of $230.65 and a 200 day simple moving average of $229.83. The stock has a market capitalization of $2.88 billion, a P/E 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.