Bank of New York Mellon Corp increased its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 91.2% in the second quarter, Holdings Channel reports. The firm owned 15,357 shares of the company’s stock after purchasing an additional 7,325 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Materials ETF were worth $1,853,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Lenox Wealth Management Inc. acquired a new position in shares of Vanguard Materials ETF during the 2nd quarter valued at about $25,000. BDO Wealth Advisors LLC increased its stake in Vanguard Materials ETF by 34.1% in the first quarter. BDO Wealth Advisors LLC now owns 590 shares of the company’s stock valued at $57,000 after purchasing an additional 150 shares during the last quarter. Proequities Inc. boosted its holdings in shares of Vanguard Materials ETF by 36.9% in the first quarter. Proequities Inc. now owns 1,509 shares of the company’s stock valued at $145,000 after acquiring an additional 407 shares during the period. US Bancorp DE boosted its holdings in shares of Vanguard Materials ETF by 9.1% in the second quarter. US Bancorp DE now owns 1,394 shares of the company’s stock valued at $168,000 after acquiring an additional 116 shares during the period. Finally, Washington Trust Bank acquired a new stake in shares of Vanguard Materials ETF in the second quarter valued at approximately $201,000.

Shares of NYSEARCA VAW opened at $132.09 on Monday. Vanguard Materials ETF has a 1-year low of $81.10 and a 1-year high of $141.68. The stock has a fifty day moving average price of $135.76 and a 200 day moving average price of $118.83.

Vanguard Materials ETF Company 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.

Featured Story: Balanced Fund

Want to see what other hedge funds are holding VAW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Materials ETF (NYSEARCA:VAW).

Institutional Ownership by Quarter for Vanguard Materials ETF (NYSEARCA:VAW)

Receive News & Ratings for Vanguard Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.