MassMutual Private Wealth & Trust FSB Increases Stake in Vanguard Materials ETF $VAW

MassMutual Private Wealth & Trust FSB raised its position in Vanguard Materials ETF (NYSEARCA:VAW) by 2.5% during the second quarter, HoldingsChannel reports. The firm owned 10,267 shares of the company’s stock after purchasing an additional 246 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Vanguard Materials ETF were worth $2,000,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of Vanguard Materials ETF during the 1st quarter worth $25,000. Global Wealth Strategies & Associates purchased a new position in shares of Vanguard Materials ETF during the 1st quarter worth $38,000. Fourth Dimension Wealth LLC purchased a new position in shares of Vanguard Materials ETF during the 4th quarter worth $38,000. Olistico Wealth LLC purchased a new position in shares of Vanguard Materials ETF during the 1st quarter worth $42,000. Finally, Wealth Preservation Advisors LLC purchased a new position in shares of Vanguard Materials ETF during the 1st quarter worth $52,000.

Vanguard Materials ETF Trading Down 0.6%

Shares of NYSEARCA:VAW opened at $206.01 on Wednesday. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11. The business has a 50-day moving average price of $203.19 and a 200 day moving average price of $193.69. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $215.82.

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.