Thrivent Financial for Lutherans Decreases Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Thrivent Financial for Lutherans lessened its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 0.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,054 shares of the company’s stock after selling 141 shares during the period. Thrivent Financial for Lutherans owned 0.12% of Vanguard Materials ETF worth $3,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. New Millennium Group LLC purchased a new position in shares of Vanguard Materials ETF in the 2nd quarter worth approximately $33,000. Rosenberg Matthew Hamilton purchased a new position in Vanguard Materials ETF in the second quarter worth $42,000. CWM LLC grew its holdings in Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock worth $44,000 after purchasing an additional 61 shares during the last quarter. Woodmont Investment Counsel LLC acquired a new position in shares of Vanguard Materials ETF during the first quarter worth $51,000. Finally, Assetmark Inc. purchased a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at $67,000.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $212.41 on Friday. The stock’s fifty day moving average price is $201.13 and its 200 day moving average price is $199.37. Vanguard Materials ETF has a 1-year low of $162.48 and a 1-year high of $214.40. The company has a market cap of $3.15 billion, a price-to-earnings 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.