The Manufacturers Life Insurance Company Decreases Holdings in Vanguard Materials ETF $VAW

The Manufacturers Life Insurance Company decreased its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 209,609 shares of the company’s stock after selling 15,456 shares during the period. The Manufacturers Life Insurance Company owned 1.58% of Vanguard Materials ETF worth $47,956,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Calder Financial LLC increased its stake in shares of Vanguard Materials ETF by 3.1% during the 2nd quarter. Calder Financial LLC now owns 2,117 shares of the company’s stock worth $484,000 after purchasing an additional 64 shares during the last quarter. Root Financial Partners LLC lifted its stake in Vanguard Materials ETF by 46.2% in the fourth quarter. Root Financial Partners LLC now owns 212 shares of the company’s stock valued at $44,000 after purchasing an additional 67 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Vanguard Materials ETF by 3.0% in the fourth quarter. Wedbush Securities Inc. now owns 2,344 shares of the company’s stock valued at $486,000 after purchasing an additional 68 shares during the last quarter. Private Advisor Group LLC grew its holdings in Vanguard Materials ETF by 0.6% during the fourth quarter. Private Advisor Group LLC now owns 12,793 shares of the company’s stock valued at $2,655,000 after purchasing an additional 73 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in Vanguard Materials ETF by 1.7% during the first quarter. Arkadios Wealth Advisors now owns 4,318 shares of the company’s stock valued at $973,000 after purchasing an additional 74 shares during the period.

Vanguard Materials ETF Price Performance

NYSEARCA:VAW opened at $228.45 on Friday. The business has a fifty day simple moving average of $231.39 and a two-hundred day simple moving average of $230.98. Vanguard Materials ETF has a 1 year low of $190.29 and a 1 year high of $245.26. The company has a market capitalization of $3.02 billion, a P/E ratio of 23.02 and a beta of 0.97.

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. 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.