Concourse Financial Group Securities Inc. Boosts Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Concourse Financial Group Securities Inc. raised its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 8.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,207 shares of the company’s stock after purchasing an additional 171 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Vanguard Materials ETF were worth $384,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of VAW. Bank of America Corp DE boosted its position in shares of Vanguard Materials ETF by 4.9% during the 2nd quarter. Bank of America Corp DE now owns 3,018,619 shares of the company’s stock worth $545,737,000 after purchasing an additional 141,691 shares during the period. Beacon Capital Management Inc. raised its position in shares of Vanguard Materials ETF by 53.1% during the 3rd quarter. Beacon Capital Management Inc. now owns 1,167,810 shares of the company’s stock worth $202,300,000 after acquiring an additional 405,213 shares in the last quarter. Morgan Stanley lifted its position in shares of Vanguard Materials ETF by 19.2% during the 2nd quarter. Morgan Stanley now owns 320,681 shares of the company’s stock worth $57,976,000 after buying an additional 51,744 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Materials ETF by 27.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 230,607 shares of the company’s stock valued at $41,691,000 after acquiring an additional 50,371 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Vanguard Materials ETF by 18.6% during the second quarter. The Manufacturers Life Insurance Company now owns 215,470 shares of the company’s stock worth $38,955,000 after buying an additional 33,768 shares during the period.

Shares of VAW opened at $193.89 on Friday. The stock’s 50 day moving average is $192.39 and its two-hundred day moving average is $185.76. Vanguard Materials ETF has a twelve month low of $151.95 and a twelve month high of $201.03.

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.

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

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