Cubist Systematic Strategies LLC Takes $201,000 Position in Vanguard Materials ETF (NYSEARCA:VAW)

Cubist Systematic Strategies LLC purchased a new stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,070 shares of the company’s stock, valued at approximately $201,000.

Other hedge funds have also modified their holdings of the company. GPS Wealth Strategies Group LLC boosted its position in shares of Vanguard Materials ETF by 50.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after purchasing an additional 70 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Vanguard Materials ETF by 4,133.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock worth $48,000 after purchasing an additional 248 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Vanguard Materials ETF by 110.1% during the fourth quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock worth $54,000 after purchasing an additional 152 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard Materials ETF during the fourth quarter worth $57,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Vanguard Materials ETF during the fourth quarter worth $71,000.

Vanguard Materials ETF Stock Up 1.0%

Shares of NYSEARCA VAW opened at $192.39 on Monday. The company’s fifty day moving average is $184.11 and its 200-day moving average is $193.60. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 23.70 and a beta of 1.08. Vanguard Materials ETF has a twelve month low of $161.43 and a twelve month high of $215.82.

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.