Strategic Wealth Investment Group LLC Decreases Position in Vanguard Materials ETF $VAW

Strategic Wealth Investment Group LLC lowered its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 39.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,586 shares of the company’s stock after selling 4,884 shares during the period. Strategic Wealth Investment Group LLC owned 0.06% of Vanguard Materials ETF worth $1,574,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VAW. Bank of America Corp DE boosted its holdings in Vanguard Materials ETF by 1.2% in the 3rd quarter. Bank of America Corp DE now owns 1,417,176 shares of the company’s stock valued at $290,323,000 after purchasing an additional 16,394 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Vanguard Materials ETF by 2.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 285,005 shares of the company’s stock valued at $55,528,000 after purchasing an additional 5,920 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Vanguard Materials ETF by 23.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 272,665 shares of the company’s stock valued at $55,858,000 after purchasing an additional 51,929 shares during the period. Strategic Investment Advisors MI bought a new position in Vanguard Materials ETF in the 3rd quarter valued at $36,562,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of Vanguard Materials ETF by 36.1% during the 3rd quarter. Raymond James Financial Inc. now owns 162,221 shares of the company’s stock worth $33,232,000 after acquiring an additional 43,024 shares during the last quarter.

Vanguard Materials ETF Stock Performance

NYSEARCA VAW opened at $227.85 on Friday. Vanguard Materials ETF has a 52-week low of $190.01 and a 52-week high of $245.26. The company has a market capitalization of $2.96 billion, a P/E ratio of 23.02 and a beta of 0.96. The company has a fifty day moving average of $231.27 and a 200-day moving average of $223.86.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.