Eudaimonia Advisors LLC Reduces Stock Position in Vanguard Materials ETF (NYSEARCA:VAW)

Eudaimonia Advisors LLC lessened its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,889 shares of the company’s stock after selling 686 shares during the quarter. Eudaimonia Advisors LLC’s holdings in Vanguard Materials ETF were worth $929,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VAW. Parsons Capital Management Inc. RI grew its holdings in Vanguard Materials ETF by 0.4% in the 4th quarter. Parsons Capital Management Inc. RI now owns 15,838 shares of the company’s stock valued at $3,008,000 after buying an additional 68 shares during the period. Allworth Financial LP grew its holdings in Vanguard Materials ETF by 67.0% in the 4th quarter. Allworth Financial LP now owns 182 shares of the company’s stock valued at $35,000 after buying an additional 73 shares during the period. O ROURKE & COMPANY Inc grew its holdings in Vanguard Materials ETF by 6.3% in the 3rd quarter. O ROURKE & COMPANY Inc now owns 1,445 shares of the company’s stock valued at $249,000 after buying an additional 85 shares during the period. Joule Financial LLC grew its holdings in Vanguard Materials ETF by 2.5% in the 4th quarter. Joule Financial LLC now owns 3,456 shares of the company’s stock valued at $657,000 after buying an additional 85 shares during the period. Finally, Sharper & Granite LLC grew its holdings in Vanguard Materials ETF by 1.5% in the 4th quarter. Sharper & Granite LLC now owns 5,879 shares of the company’s stock valued at $1,117,000 after buying an additional 85 shares during the period.

Vanguard Materials ETF Trading Down 0.8 %

VAW traded down $1.56 during midday trading on Tuesday, hitting $194.17. The company’s stock had a trading volume of 42,928 shares, compared to its average volume of 68,425. The firm has a market cap of $2.88 billion, a P/E ratio of 15.44 and a beta of 0.98. Vanguard Materials ETF has a 52-week low of $162.48 and a 52-week high of $205.99. The firm has a 50-day moving average price of $196.74 and a two-hundred day moving average price of $185.16.

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.