Sequoia Financial Advisors LLC Sells 154 Shares of Vanguard Materials ETF $VAW

Sequoia Financial Advisors LLC cut its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 5.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,691 shares of the company’s stock after selling 154 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Materials ETF were worth $524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VAW. Greykasell Wealth Strategies Inc. bought a new stake in shares of Vanguard Materials ETF in the first quarter worth about $25,000. Olistico Wealth LLC bought a new stake in shares of Vanguard Materials ETF in the first quarter worth about $42,000. NBT Bank N A NY increased its holdings in shares of Vanguard Materials ETF by 33.7% in the second quarter. NBT Bank N A NY now owns 222 shares of the company’s stock worth $43,000 after purchasing an additional 56 shares during the last quarter. Wealth Preservation Advisors LLC bought a new stake in shares of Vanguard Materials ETF in the first quarter worth about $52,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of Vanguard Materials ETF in the first quarter worth about $55,000.

Vanguard Materials ETF Trading Up 1.4%

Shares of VAW stock opened at $204.36 on Tuesday. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $215.08. The stock’s 50-day moving average price is $205.19 and its 200-day moving average price is $196.13. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11.

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.