Fifth Third Bancorp Cuts Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Fifth Third Bancorp decreased its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 21.8% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,323 shares of the company’s stock after selling 649 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Materials ETF were worth $439,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Laidlaw Wealth Management LLC raised its holdings in Vanguard Materials ETF by 2.8% during the 4th quarter. Laidlaw Wealth Management LLC now owns 1,866 shares of the company’s stock valued at $351,000 after buying an additional 51 shares during the last quarter. Mason Investment Advisory Services Inc. raised its holdings in Vanguard Materials ETF by 2.7% during the 4th quarter. Mason Investment Advisory Services Inc. now owns 2,803 shares of the company’s stock valued at $526,000 after buying an additional 75 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in Vanguard Materials ETF by 5.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 1,628 shares of the company’s stock valued at $306,000 after buying an additional 81 shares during the last quarter. Idaho Trust Bank raised its holdings in Vanguard Materials ETF by 8.3% during the 4th quarter. Idaho Trust Bank now owns 1,142 shares of the company’s stock valued at $215,000 after buying an additional 88 shares during the last quarter. Finally, WBH Advisory Inc. raised its holdings in Vanguard Materials ETF by 2.0% during the 4th quarter. WBH Advisory Inc. now owns 4,553 shares of the company’s stock valued at $855,000 after buying an additional 90 shares during the last quarter.

Vanguard Materials ETF Stock Down 0.8%

NYSEARCA:VAW opened at $192.62 on Wednesday. The company has a fifty day moving average of $187.36 and a 200 day moving average of $191.21. Vanguard Materials ETF has a 52 week low of $161.43 and a 52 week high of $215.82. The firm has a market capitalization of $2.51 billion, a P/E ratio of 23.70 and a beta of 1.06.

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.