Starr International Co. Inc. purchased a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 40,510 shares of the company’s stock, valued at approximately $4,986,000. Vanguard Materials ETF accounts for 2.0% of Starr International Co. Inc.’s investment portfolio, making the stock its 16th largest holding. Starr International Co. Inc. owned about 0.25% of Vanguard Materials ETF at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Beacon Capital Management Inc. grew its holdings in shares of Vanguard Materials ETF by 6,126.4% during the 1st quarter. Beacon Capital Management Inc. now owns 1,025,371 shares of the company’s stock worth $126,213,000 after acquiring an additional 1,008,903 shares during the period. CX Institutional bought a new stake in shares of Vanguard Materials ETF in the 4th quarter worth approximately $6,226,000. Spinnaker Trust bought a new stake in shares of Vanguard Materials ETF in the 1st quarter worth approximately $4,635,000. Stifel Financial Corp boosted its position in shares of Vanguard Materials ETF by 495.8% in the 4th quarter. Stifel Financial Corp now owns 32,528 shares of the company’s stock worth $3,609,000 after purchasing an additional 27,068 shares in the last quarter. Finally, Certified Advisory Corp boosted its position in shares of Vanguard Materials ETF by 9,612.2% in the 4th quarter. Certified Advisory Corp now owns 24,669 shares of the company’s stock worth $2,734,000 after purchasing an additional 24,415 shares in the last quarter.
Shares of VAW traded up $0.56 during mid-day trading on Friday, reaching $117.80. The company had a trading volume of 1,326 shares, compared to its average volume of 148,897. Vanguard Materials ETF has a 52 week low of $103.54 and a 52 week high of $138.59.
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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