Valmark Advisers Inc. Trims Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Valmark Advisers Inc. decreased its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 8.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,051 shares of the company’s stock after selling 369 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Materials ETF were worth $765,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Wealth Strategies & Associates purchased a new stake in shares of Vanguard Materials ETF in the first quarter valued at about $38,000. Fourth Dimension Wealth LLC purchased a new stake in shares of Vanguard Materials ETF in the fourth quarter valued at about $38,000. Parkside Financial Bank & Trust raised 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 during the last quarter. Russell Investments Group Ltd. raised 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 during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new stake in Vanguard Materials ETF during the 4th quarter valued at approximately $71,000.

Vanguard Materials ETF Stock Up 0.8%

VAW opened at $194.83 on Wednesday. The business has a 50 day moving average price of $188.89 and a two-hundred day moving average price of $190.62. The company has a market cap of $2.71 billion, a PE ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a 52 week low of $161.43 and a 52 week high of $215.82.

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.