City State Bank Raises Position in Vanguard Materials ETF (NYSEARCA:VAW)

City State Bank increased its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 10.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,999 shares of the company’s stock after purchasing an additional 370 shares during the quarter. City State Bank’s holdings in Vanguard Materials ETF were worth $751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Praetorian Wealth Management Inc. purchased a new position in Vanguard Materials ETF in the 4th quarter worth $479,000. JPMorgan Chase & Co. increased its position in shares of Vanguard Materials ETF by 7.9% in the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after acquiring an additional 4,308 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Vanguard Materials ETF in the third quarter valued at about $60,000. Anchor Investment Management LLC increased its position in shares of Vanguard Materials ETF by 3.6% in the third quarter. Anchor Investment Management LLC now owns 2,871 shares of the company’s stock valued at $607,000 after acquiring an additional 101 shares during the period. Finally, LRI Investments LLC purchased a new position in shares of Vanguard Materials ETF in the third quarter valued at about $291,000.

Vanguard Materials ETF Trading Up 1.2 %

Shares of VAW stock traded up $2.21 during mid-day trading on Monday, reaching $187.92. The stock had a trading volume of 13,835 shares, compared to its average volume of 68,632. The stock’s 50-day moving average price is $200.55 and its two-hundred day moving average price is $201.76. Vanguard Materials ETF has a 52-week low of $179.00 and a 52-week high of $215.82. The firm has a market capitalization of $2.78 billion, a PE ratio of 15.20 and a beta of 0.98.

Vanguard Materials ETF 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.