Resources Management Corp CT ADV Decreases Stake in Vanguard Materials ETF $VAW

Resources Management Corp CT ADV lessened its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 23,534 shares of the company’s stock after selling 2,269 shares during the quarter. Resources Management Corp CT ADV’s holdings in Vanguard Materials ETF were worth $4,884,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Vanguard Materials ETF in the 4th quarter valued at about $25,000. Godfrey Financial Associates Inc. purchased a new stake in Vanguard Materials ETF during the fourth quarter worth approximately $26,000. Parkside Financial Bank & Trust lifted its stake in Vanguard Materials ETF by 333.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 130 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new stake in Vanguard Materials ETF during the fourth quarter worth approximately $30,000. Finally, Root Financial Partners LLC lifted its stake in Vanguard Materials ETF by 46.2% during the fourth quarter. Root Financial Partners LLC now owns 212 shares of the company’s stock worth $44,000 after purchasing an additional 67 shares during the last quarter.

Vanguard Materials ETF Price Performance

VAW stock opened at $235.13 on Monday. The business has a 50 day moving average price of $231.87 and a 200 day moving average price of $225.32. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a fifty-two week low of $190.01 and a fifty-two week high of $245.26.

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.