CX Institutional Trims Stock Holdings in Vanguard Materials ETF $VAW
by Tristan Rich · The Markets DailyCX Institutional reduced its position in Vanguard Materials ETF (NYSEARCA:VAW – Free Report) by 57.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,732 shares of the company’s stock after selling 2,312 shares during the quarter. CX Institutional’s holdings in Vanguard Materials ETF were worth $355,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the business. Beacon Capital Management Inc. raised its position in Vanguard Materials ETF by 1,541.2% in the 2nd quarter. Beacon Capital Management Inc. now owns 461,049 shares of the company’s stock valued at $89,826,000 after purchasing an additional 432,957 shares during the last quarter. Corient Private Wealth LLC increased its stake in Vanguard Materials ETF by 87.1% in the second quarter. Corient Private Wealth LLC now owns 147,026 shares of the company’s stock valued at $28,645,000 after purchasing an additional 68,427 shares during the period. Laurel Wealth Advisors LLC raised its holdings in shares of Vanguard Materials ETF by 169,253.8% in the second quarter. Laurel Wealth Advisors LLC now owns 66,048 shares of the company’s stock valued at $12,868,000 after buying an additional 66,009 shares during the last quarter. GW Henssler & Associates Ltd. acquired a new stake in shares of Vanguard Materials ETF during the second quarter worth about $12,588,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Vanguard Materials ETF by 16.9% during the second quarter. Raymond James Financial Inc. now owns 119,197 shares of the company’s stock worth $23,223,000 after buying an additional 17,210 shares during the last quarter.
Vanguard Materials ETF Stock Up 2.0%
Shares of VAW stock opened at $222.30 on Friday. The stock’s 50-day moving average price is $203.27 and its 200 day moving average price is $202.87. The stock has a market capitalization of $3.03 billion, a PE ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a 52-week low of $161.43 and a 52-week high of $222.35.
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.
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