Vanguard Materials ETF $VAW Shares Sold by Sagace Wealth Management LLC

Sagace Wealth Management LLC cut its position in Vanguard Materials ETF (NYSEARCA:VAW) by 54.1% during the second quarter, HoldingsChannel.com reports. The fund owned 10,250 shares of the company’s stock after selling 12,083 shares during the period. Vanguard Materials ETF makes up 1.5% of Sagace Wealth Management LLC’s portfolio, making the stock its 28th largest position. Sagace Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $1,997,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Empower Advisory Group LLC boosted its stake in shares of Vanguard Materials ETF by 7.2% in the first quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock worth $64,351,000 after acquiring an additional 22,923 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Materials ETF by 2.9% in the first quarter. Envestnet Asset Management Inc. now owns 295,847 shares of the company’s stock worth $55,859,000 after acquiring an additional 8,223 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Materials ETF by 7.7% in the first quarter. LPL Financial LLC now owns 175,750 shares of the company’s stock worth $33,183,000 after acquiring an additional 12,609 shares during the last quarter. PGIM Custom Harvest LLC boosted its stake in shares of Vanguard Materials ETF by 14.8% in the first quarter. PGIM Custom Harvest LLC now owns 151,632 shares of the company’s stock worth $28,630,000 after acquiring an additional 19,580 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Vanguard Materials ETF by 53.5% in the first quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock worth $19,256,000 after acquiring an additional 35,535 shares during the last quarter.

Vanguard Materials ETF Stock Performance

Shares of Vanguard Materials ETF stock opened at $204.83 on Wednesday. Vanguard Materials ETF has a one year low of $161.43 and a one year high of $215.82. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 23.02 and a beta of 1.11. The business’s 50 day moving average price is $204.81 and its 200 day moving average price is $195.54.

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.