Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. lowered its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 18.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,899 shares of the company’s stock after selling 1,538 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Materials ETF were worth $1,459,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. EP Wealth Advisors LLC raised its holdings in Vanguard Materials ETF by 2.5% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,218 shares of the company’s stock valued at $427,000 after buying an additional 54 shares during the period. CWM LLC increased its holdings in shares of Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 61 shares during the period. Private Wealth Advisors LLC raised its position in Vanguard Materials ETF by 0.8% during the 3rd quarter. Private Wealth Advisors LLC now owns 8,751 shares of the company’s stock worth $1,843,000 after buying an additional 66 shares during the last quarter. Leavell Investment Management Inc. lifted its holdings in shares of Vanguard Materials ETF by 3.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,595 shares of the company’s stock valued at $551,000 after buying an additional 75 shares during the period. Finally, Johnson Investment Counsel Inc. boosted its holdings in Vanguard Materials ETF by 2.9% during the second quarter. Johnson Investment Counsel Inc. now owns 2,746 shares of the company’s stock worth $529,000 after buying an additional 78 shares in the last quarter.

Vanguard Materials ETF Price Performance

VAW opened at $211.29 on Thursday. The stock has a market cap of $3.13 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 1-year low of $177.26 and a 1-year high of $215.82. The stock’s 50 day simple moving average is $209.58 and its 200 day simple moving average is $202.41.

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.