Beacon Capital Management Inc. Sells 214,364 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Beacon Capital Management Inc. trimmed its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 27.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 562,124 shares of the company’s stock after selling 214,364 shares during the quarter. Vanguard Materials ETF comprises 4.6% of Beacon Capital Management Inc.’s holdings, making the stock its 12th biggest holding. Beacon Capital Management Inc.’s holdings in Vanguard Materials ETF were worth $105,589,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in shares of Vanguard Materials ETF in the third quarter valued at approximately $31,000. GPS Wealth Strategies Group LLC lifted its position in shares of Vanguard Materials ETF by 50.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after acquiring an additional 70 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Vanguard Materials ETF by 4,133.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock worth $48,000 after acquiring an additional 248 shares in the last quarter. Wingate Wealth Advisors Inc. bought a new position in shares of Vanguard Materials ETF in the fourth quarter worth $57,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Vanguard Materials ETF in the third quarter valued at $60,000.

Vanguard Materials ETF Stock Down 0.7 %

VAW stock opened at $191.48 on Friday. The stock has a 50-day simple moving average of $195.32 and a two-hundred day simple moving average of $200.99. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve month high of $215.82. The firm has a market capitalization of $2.68 billion, a PE ratio of 22.64 and a beta of 1.12.

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.