Cresset Asset Management LLC Reduces Position in Vanguard Materials ETF (NYSEARCA:VAW)

Cresset Asset Management LLC lessened its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 49.8% in the 4th quarter, Holdings Channel reports. The fund owned 5,958 shares of the company’s stock after selling 5,909 shares during the quarter. Cresset Asset Management LLC’s holdings in Vanguard Materials ETF were worth $1,119,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its stake in Vanguard Materials ETF by 50.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after acquiring an additional 70 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in Vanguard Materials ETF by 4,133.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock valued at $48,000 after acquiring an additional 248 shares in the last quarter. Russell Investments Group Ltd. grew its stake in Vanguard Materials ETF by 110.1% during the 4th quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock valued at $54,000 after acquiring an additional 152 shares in the last quarter. Wingate Wealth Advisors Inc. purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at about $57,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at about $71,000.

Vanguard Materials ETF Trading Up 0.3%

Shares of NYSEARCA VAW opened at $187.10 on Monday. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $215.82. The stock has a market cap of $2.44 billion, a PE ratio of 23.70 and a beta of 1.08. The company has a 50-day moving average of $184.24 and a 200 day moving average of $194.21.

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.