Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by City State Bank

City State Bank reduced its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW – Get Rating) by 10.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 5,259 shares of the company’s stock after selling 605 shares during the quarter. City State Bank’s holdings in Vanguard Materials ETF were worth $895,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Centaurus Financial Inc. increased its stake in Vanguard Materials ETF by 0.8% in the third quarter. Centaurus Financial Inc. now owns 7,350 shares of the company’s stock valued at $1,091,000 after purchasing an additional 58 shares during the period. Concourse Financial Group Securities Inc. increased its stake in Vanguard Materials ETF by 2.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 2,467 shares of the company’s stock valued at $395,000 after purchasing an additional 65 shares during the period. Joule Financial LLC increased its stake in Vanguard Materials ETF by 2.6% in the third quarter. Joule Financial LLC now owns 2,806 shares of the company’s stock valued at $416,000 after purchasing an additional 70 shares during the period. Captrust Financial Advisors increased its stake in Vanguard Materials ETF by 1.5% in the second quarter. Captrust Financial Advisors now owns 5,507 shares of the company’s stock valued at $882,000 after purchasing an additional 81 shares during the period. Finally, Exchange Capital Management Inc. increased its stake in Vanguard Materials ETF by 0.4% in the third quarter. Exchange Capital Management Inc. now owns 19,477 shares of the company’s stock valued at $2,891,000 after purchasing an additional 84 shares during the period.

Vanguard Materials ETF Stock Performance

NYSEARCA VAW traded down $2.75 during trading on Friday, reaching $166.59. The company’s stock had a trading volume of 50,174 shares, compared to its average volume of 73,853. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 12.30 and a beta of 1.11. The business’s fifty day moving average price is $180.91 and its 200-day moving average price is $171.50. Vanguard Materials ETF has a twelve month low of $146.72 and a twelve month high of $201.11.

Vanguard Materials ETF Profile

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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.