Vanguard Materials ETF (NYSEARCA:VAW) Position Reduced by Narwhal Capital Management

Narwhal Capital Management reduced its position in Vanguard Materials ETF (NYSEARCA:VAW) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,998 shares of the company’s stock after selling 170 shares during the period. Narwhal Capital Management’s holdings in Vanguard Materials ETF were worth $3,381,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Materials ETF by 95.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock valued at $75,394,000 after purchasing an additional 191,430 shares during the period. Empower Advisory Group LLC grew its holdings in shares of Vanguard Materials ETF by 0.6% during the third quarter. Empower Advisory Group LLC now owns 308,249 shares of the company’s stock valued at $65,185,000 after buying an additional 1,939 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Vanguard Materials ETF by 2.9% during the second quarter. The Manufacturers Life Insurance Company now owns 287,750 shares of the company’s stock valued at $55,429,000 after buying an additional 8,070 shares during the period. Stifel Financial Corp lifted its stake in Vanguard Materials ETF by 7.5% in the 3rd quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after acquiring an additional 5,802 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Vanguard Materials ETF by 7.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after acquiring an additional 4,308 shares during the period.

Vanguard Materials ETF Price Performance

Shares of VAW opened at $198.51 on Monday. The business’s 50-day moving average is $198.04 and its 200-day moving average is $202.05. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a fifty-two week low of $179.00 and a fifty-two week high of $215.82.

Vanguard Materials ETF Company 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.