J.W. Cole Advisors Inc. Has $4.96 Million Position in Vanguard Materials ETF $VAW

J.W. Cole Advisors Inc. cut its position in Vanguard Materials ETF (NYSEARCA:VAW) by 13.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,015 shares of the company’s stock after selling 3,712 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Vanguard Materials ETF were worth $4,964,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VAW. Goldman Sachs Group Inc. boosted its position in Vanguard Materials ETF by 748.6% in the first quarter. Goldman Sachs Group Inc. now owns 14,817 shares of the company’s stock valued at $2,798,000 after buying an additional 13,071 shares in the last quarter. Focus Partners Wealth acquired a new position in Vanguard Materials ETF in the first quarter valued at about $272,000. NewEdge Advisors LLC boosted its position in Vanguard Materials ETF by 119.6% in the second quarter. NewEdge Advisors LLC now owns 2,852 shares of the company’s stock valued at $556,000 after buying an additional 1,553 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Vanguard Materials ETF by 2.1% in the second quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after buying an additional 5,920 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in Vanguard Materials ETF by 76.1% in the second quarter. Quantinno Capital Management LP now owns 10,835 shares of the company’s stock valued at $2,111,000 after buying an additional 4,681 shares in the last quarter.

Vanguard Materials ETF Stock Down 2.6%

NYSEARCA:VAW opened at $227.85 on Friday. The firm has a market cap of $2.96 billion, a PE ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a 12 month low of $190.01 and a 12 month high of $245.26. The company’s 50-day moving average price is $231.27 and its two-hundred day moving average price is $223.86.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.