KCM Investment Advisors LLC Sells 2,076 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

KCM Investment Advisors LLC reduced its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 5.0% in the fourth quarter, Holdings Channel reports. The fund owned 39,362 shares of the company’s stock after selling 2,076 shares during the quarter. KCM Investment Advisors LLC’s holdings in Vanguard Materials ETF were worth $7,394,000 at the end of the most recent reporting period.

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

Vanguard Materials ETF Stock Down 6.1 %

Shares of Vanguard Materials ETF stock opened at $171.02 on Friday. The stock’s fifty day moving average is $193.73 and its two-hundred day moving average is $200.03. Vanguard Materials ETF has a 52 week low of $170.59 and a 52 week high of $215.82. The company has a market capitalization of $2.41 billion, a PE ratio of 23.53 and a beta of 1.12.

Vanguard Materials ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.8309 dividend. The ex-dividend date was Tuesday, March 25th. This is a boost from Vanguard Materials ETF’s previous dividend of $0.82.

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.