Fiduciary Trust Co Cuts Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Fiduciary Trust Co cut its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 3.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,400 shares of the company’s stock after selling 165 shares during the quarter. Fiduciary Trust Co’s holdings in Vanguard Materials ETF were worth $1,142,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VAW. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Materials ETF by 95.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock valued at $75,394,000 after acquiring an additional 191,430 shares during the period. Cetera Investment Advisers increased its holdings in shares of Vanguard Materials ETF by 979.6% in the 1st quarter. Cetera Investment Advisers now owns 113,292 shares of the company’s stock valued at $23,160,000 after purchasing an additional 102,798 shares in the last quarter. Polianta Ltd acquired a new stake in shares of Vanguard Materials ETF in the second quarter valued at about $6,819,000. Cetera Advisors LLC boosted its holdings in Vanguard Materials ETF by 601.9% during the first quarter. Cetera Advisors LLC now owns 38,308 shares of the company’s stock worth $7,831,000 after buying an additional 32,850 shares in the last quarter. Finally, Atria Investments Inc grew its position in Vanguard Materials ETF by 101.9% during the first quarter. Atria Investments Inc now owns 19,371 shares of the company’s stock worth $3,960,000 after buying an additional 9,776 shares during the period.

Vanguard Materials ETF Trading Up 0.5 %

Shares of Vanguard Materials ETF stock opened at $212.45 on Friday. The company has a 50-day moving average of $209.75 and a two-hundred day moving average of $202.54. Vanguard Materials ETF has a 12-month low of $178.27 and a 12-month high of $215.82. The stock has a market cap of $3.15 billion, a PE ratio of 15.20 and a beta of 0.98.

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.