Webster Bank N. A. cut its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 41.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 600 shares of the company’s stock after selling 430 shares during the quarter. Webster Bank N. A.’s holdings in Vanguard Materials ETF were worth $80,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. First PREMIER Bank purchased a new stake in Vanguard Materials ETF in the third quarter valued at about $26,000. Citizens Financial Group Inc RI purchased a new stake in Vanguard Materials ETF in the third quarter valued at about $32,000. Evoke Wealth LLC purchased a new stake in Vanguard Materials ETF in the third quarter valued at about $73,000. Doyle Wealth Management purchased a new stake in Vanguard Materials ETF in the second quarter valued at about $139,000. Finally, US Bancorp DE raised its stake in Vanguard Materials ETF by 78.2% in the second quarter. US Bancorp DE now owns 1,274 shares of the company’s stock valued at $163,000 after buying an additional 559 shares during the last quarter.

Vanguard Materials ETF stock opened at $131.41 on Wednesday. The stock has a 50-day moving average of $131.76 and a two-hundred day moving average of $127.58. Vanguard Materials ETF has a one year low of $113.43 and a one year high of $135.19.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 17th were paid a $0.6904 dividend. The ex-dividend date of this dividend was Monday, December 16th. This is a boost from Vanguard Materials ETF’s previous quarterly dividend of $0.57. This represents a $2.76 dividend on an annualized basis and a yield of 2.10%.

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.

See Also: How to build a Fibonacci channel

Want to see what other hedge funds are holding VAW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Materials ETF (NYSEARCA:VAW).

Institutional Ownership by Quarter for Vanguard Materials ETF (NYSEARCA:VAW)

Receive News & Ratings for Vanguard Materials ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Materials ETF and related companies with MarketBeat.com's FREE daily email newsletter.