Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 12.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,620 shares of the company’s stock after selling 224 shares during the period. US Bancorp DE’s holdings in Vanguard Materials ETF were worth $306,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC boosted its holdings in Vanguard Materials ETF by 43.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,674 shares of the company’s stock worth $2,393,000 after buying an additional 3,834 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Vanguard Materials ETF by 110.1% in the 4th quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock worth $54,000 after purchasing an additional 152 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Vanguard Materials ETF by 21.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,866 shares of the company’s stock worth $3,184,000 after purchasing an additional 2,965 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Vanguard Materials ETF by 8.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,524 shares of the company’s stock worth $1,609,000 after purchasing an additional 690 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in Vanguard Materials ETF in the 1st quarter worth approximately $202,000.

Vanguard Materials ETF Price Performance

VAW opened at $205.85 on Thursday. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11. The company’s 50 day simple moving average is $198.06 and its two-hundred day simple moving average is $192.29. Vanguard Materials ETF has a 1-year low of $161.43 and a 1-year high of $215.82.

Vanguard Materials ETF Company 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.