Oppenheimer Asset Management Inc. purchased a new position in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,127 shares of the company’s stock, valued at approximately $347,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dubuque Bank & Trust Co. bought a new stake in Vanguard Materials ETF in the 4th quarter valued at $53,000. Valeo Financial Advisors LLC lifted its position in Vanguard Materials ETF by 103.7% in the 3rd quarter. Valeo Financial Advisors LLC now owns 1,200 shares of the company’s stock valued at $140,000 after acquiring an additional 611 shares in the last quarter. SRS Capital Advisors Inc. bought a new stake in Vanguard Materials ETF in the 3rd quarter valued at $167,000. IndexIQ Advisors LLC lifted its position in Vanguard Materials ETF by 102.9% in the 3rd quarter. IndexIQ Advisors LLC now owns 1,400 shares of the company’s stock valued at $184,000 after acquiring an additional 710 shares in the last quarter. Finally, Mutual Advisors LLC bought a new stake in Vanguard Materials ETF in the 3rd quarter valued at $204,000.
Shares of VAW stock opened at $121.00 on Thursday. Vanguard Materials ETF has a 1 year low of $103.54 and a 1 year high of $139.43.
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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.
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