Exchange Traded Concepts LLC Has $2.33 Million Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Exchange Traded Concepts LLC reduced its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 51.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,379 shares of the company’s stock after selling 12,987 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard Materials ETF were worth $2,325,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. EP Wealth Advisors LLC boosted its position in shares of Vanguard Materials ETF by 2.5% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,218 shares of the company’s stock valued at $427,000 after purchasing an additional 54 shares in the last quarter. First Financial Corp IN boosted its holdings in shares of Vanguard Materials ETF by 2.1% during the 4th quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock worth $509,000 after buying an additional 56 shares in the last quarter. Private Wealth Advisors LLC grew its position in shares of Vanguard Materials ETF by 0.8% during the 3rd quarter. Private Wealth Advisors LLC now owns 8,751 shares of the company’s stock worth $1,843,000 after buying an additional 66 shares during the period. Leavell Investment Management Inc. increased its stake in shares of Vanguard Materials ETF by 3.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 2,595 shares of the company’s stock valued at $551,000 after acquiring an additional 75 shares in the last quarter. Finally, Mason Investment Advisory Services Inc. lifted its position in shares of Vanguard Materials ETF by 3.2% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 2,728 shares of the company’s stock valued at $577,000 after acquiring an additional 84 shares during the period.

Vanguard Materials ETF Stock Down 0.1 %

Shares of NYSEARCA VAW opened at $198.51 on Monday. Vanguard Materials ETF has a 12-month low of $179.00 and a 12-month high of $215.82. The firm has a market cap of $2.94 billion, a PE ratio of 15.20 and a beta of 0.98. The company’s fifty day simple moving average is $198.04 and its 200 day simple moving average is $202.05.

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.