Vanguard Materials ETF (NYSEARCA:VAW) Stock Holdings Decreased by M Financial Asset Management Inc.

M Financial Asset Management Inc. lessened its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 13.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,531 shares of the company’s stock after selling 539 shares during the quarter. Vanguard Materials ETF makes up approximately 3.2% of M Financial Asset Management Inc.’s holdings, making the stock its 6th largest position. M Financial Asset Management Inc.’s holdings in Vanguard Materials ETF were worth $663,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Materials ETF during the third quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Materials ETF during the third quarter worth about $31,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Vanguard Materials ETF by 50.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after buying an additional 70 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vanguard Materials ETF during the third quarter worth about $60,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard Materials ETF during the fourth quarter worth about $57,000.

Vanguard Materials ETF Stock Performance

Shares of VAW opened at $198.92 on Friday. Vanguard Materials ETF has a fifty-two week low of $185.00 and a fifty-two week high of $215.82. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. The firm has a 50-day simple moving average of $194.27 and a 200-day simple moving average of $201.82.

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.