Vanguard Materials ETF (NYSEARCA:VAW) Position Trimmed by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. reduced its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 1.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 8,258 shares of the company’s stock after selling 146 shares during the quarter. Cutter & CO Brokerage Inc. owned approximately 0.06% of Vanguard Materials ETF worth $1,591,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Atlantic Edge Private Wealth Management LLC bought a new position in Vanguard Materials ETF during the 4th quarter worth $29,000. New Millennium Group LLC bought a new position in shares of Vanguard Materials ETF during the second quarter worth about $33,000. Principal Securities Inc. acquired a new stake in shares of Vanguard Materials ETF in the 4th quarter worth about $35,000. Rosenberg Matthew Hamilton bought a new stake in Vanguard Materials ETF in the 2nd quarter valued at about $42,000. Finally, CWM LLC boosted its stake in Vanguard Materials ETF by 35.9% during the 2nd quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after purchasing an additional 61 shares during the period.

Vanguard Materials ETF Stock Up 1.1 %

NYSEARCA VAW traded up $2.15 on Friday, hitting $206.38. The stock had a trading volume of 28,301 shares, compared to its average volume of 50,061. The company’s 50-day moving average is $197.46 and its two-hundred day moving average is $197.70. Vanguard Materials ETF has a one year low of $162.48 and a one year high of $206.61. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

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.