Bordeaux Wealth Advisors LLC Purchases New Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Bordeaux Wealth Advisors LLC purchased a new stake in Vanguard Materials ETF (NYSEARCA:VAW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,320 shares of the company’s stock, valued at approximately $254,000.

A number of other hedge funds also recently modified their holdings of VAW. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Vanguard Materials ETF in the fourth quarter valued at $29,000. New Millennium Group LLC acquired a new position in shares of Vanguard Materials ETF in the 2nd quarter valued at $33,000. Principal Securities Inc. acquired a new position in shares of Vanguard Materials ETF in the 4th quarter valued at $35,000. Rosenberg Matthew Hamilton acquired a new stake in shares of Vanguard Materials ETF during the 2nd quarter valued at about $42,000. Finally, CWM LLC increased its stake in Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after acquiring an additional 61 shares during the period.

Vanguard Materials ETF Stock Down 0.7 %

NYSEARCA:VAW opened at $198.32 on Friday. The firm has a market capitalization of $2.94 billion, a PE ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 12-month low of $162.48 and a 12-month high of $206.61. The firm has a 50-day moving average price of $197.93 and a 200 day moving average price of $198.03.

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.