TRUE Private Wealth Advisors lowered its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,409 shares of the company’s stock after selling 56 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Vanguard Materials ETF were worth $616,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Ameriprise Financial Inc. boosted its holdings in Vanguard Materials ETF by 20.8% during the 1st quarter. Ameriprise Financial Inc. now owns 622,463 shares of the company’s stock worth $108,089,000 after acquiring an additional 107,088 shares during the last quarter. Ameritas Investment Company LLC bought a new stake in shares of Vanguard Materials ETF during the 1st quarter worth $12,698,000. London & Capital Asset Management Ltd bought a new stake in shares of Vanguard Materials ETF during the 1st quarter worth $10,435,000. Advisor Group Holdings Inc. raised its stake in shares of Vanguard Materials ETF by 30.9% during the 2nd quarter. Advisor Group Holdings Inc. now owns 243,477 shares of the company’s stock worth $44,055,000 after purchasing an additional 57,494 shares during the period. Finally, TAP Consulting LLC bought a new stake in Vanguard Materials ETF in the 2nd quarter valued at about $9,868,000.
Shares of NYSEARCA VAW traded up $0.67 during midday trading on Wednesday, hitting $181.75. 1,114 shares of the company’s stock were exchanged, compared to its average volume of 158,388. The business’s fifty day moving average price is $183.00 and its two-hundred day moving average price is $181.51. Vanguard Materials ETF has a 12-month low of $128.85 and a 12-month high of $196.00.
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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