Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by Choate Investment Advisors

Choate Investment Advisors decreased its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,447 shares of the company’s stock after selling 510 shares during the period. Choate Investment Advisors’ holdings in Vanguard Materials ETF were worth $1,023,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VAW. Laidlaw Wealth Management LLC increased its stake in Vanguard Materials ETF by 2.8% in the 4th quarter. Laidlaw Wealth Management LLC now owns 1,866 shares of the company’s stock valued at $351,000 after buying an additional 51 shares during the period. First Financial Corp IN lifted its position in shares of Vanguard Materials ETF by 2.1% in the fourth quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock worth $509,000 after purchasing an additional 56 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in shares of Vanguard Materials ETF by 50.7% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after purchasing an additional 70 shares during the last quarter. Mason Investment Advisory Services Inc. lifted its position in Vanguard Materials ETF by 2.7% during the fourth quarter. Mason Investment Advisory Services Inc. now owns 2,803 shares of the company’s stock worth $526,000 after purchasing an additional 75 shares during the period. Finally, Institute for Wealth Management LLC. increased its stake in shares of Vanguard Materials ETF by 2.5% in the fourth quarter. Institute for Wealth Management LLC. now owns 3,159 shares of the company’s stock valued at $593,000 after buying an additional 77 shares during the period.

Vanguard Materials ETF Stock Up 1.6 %

Shares of VAW opened at $190.35 on Monday. The business’s fifty day moving average is $194.93 and its 200 day moving average is $201.29. Vanguard Materials ETF has a 12-month low of $185.00 and a 12-month high of $215.82. The stock has a market cap of $2.67 billion, a P/E ratio of 22.64 and a beta of 1.12.

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.