Cetera Investment Advisers Sells 1,935 Shares of Vanguard Materials ETF $VAW

Cetera Investment Advisers reduced its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 2.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 89,558 shares of the company’s stock after selling 1,935 shares during the period. Cetera Investment Advisers’ holdings in Vanguard Materials ETF were worth $17,449,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VAW. Bank of New York Mellon Corp acquired a new stake in shares of Vanguard Materials ETF in the first quarter valued at about $202,000. Kestra Private Wealth Services LLC bought a new position in Vanguard Materials ETF in the first quarter valued at approximately $255,000. Wealth Alliance LLC increased its position in shares of Vanguard Materials ETF by 4.0% during the 1st quarter. Wealth Alliance LLC now owns 1,904 shares of the company’s stock worth $359,000 after purchasing an additional 73 shares during the last quarter. AE Wealth Management LLC raised its stake in shares of Vanguard Materials ETF by 123.8% during the 1st quarter. AE Wealth Management LLC now owns 895 shares of the company’s stock worth $169,000 after purchasing an additional 495 shares in the last quarter. Finally, Brookwood Investment Group LLC acquired a new stake in shares of Vanguard Materials ETF in the 1st quarter valued at approximately $278,000.

Vanguard Materials ETF Stock Performance

NYSEARCA:VAW opened at $192.70 on Wednesday. The stock has a market capitalization of $2.64 billion, a PE ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a 1-year low of $161.43 and a 1-year high of $213.52. The firm has a fifty day simple moving average of $201.58 and a 200 day simple moving average of $199.08.

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.