J.W. Cole Advisors Inc. Cuts Stake in Vanguard Materials ETF (NYSEARCA:VAW)

J.W. Cole Advisors Inc. lessened its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 6.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,831 shares of the company’s stock after selling 1,657 shares during the quarter. J.W. Cole Advisors Inc. owned 0.17% of Vanguard Materials ETF worth $5,251,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in VAW. New Millennium Group LLC purchased a new position in shares of Vanguard Materials ETF in the second quarter worth about $33,000. Rosenberg Matthew Hamilton purchased a new position in Vanguard Materials ETF in the 2nd quarter worth approximately $42,000. CWM LLC lifted its position in Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 61 shares during the last quarter. Woodmont Investment Counsel LLC purchased a new stake in shares of Vanguard Materials ETF during the first quarter valued at approximately $51,000. Finally, McClarren Financial Advisors Inc. increased its stake in shares of Vanguard Materials ETF by 100.0% in the third quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock worth $81,000 after buying an additional 192 shares during the period.

Vanguard Materials ETF Price Performance

Vanguard Materials ETF stock traded down $1.30 during trading hours on Friday, reaching $207.57. The stock had a trading volume of 17,478 shares, compared to its average volume of 46,261. The stock has a market cap of $3.07 billion, a PE ratio of 15.20 and a beta of 0.98. The company has a fifty day simple moving average of $206.42 and a 200-day simple moving average of $200.60. Vanguard Materials ETF has a 52 week low of $163.00 and a 52 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.