Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC cut its position in Vanguard Materials ETF (NYSEARCA:VAW) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,328 shares of the company’s stock after selling 151 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $1,338,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. New Millennium Group LLC acquired a new position in Vanguard Materials ETF in the second quarter valued at $33,000. Rosenberg Matthew Hamilton acquired a new position in Vanguard Materials ETF in the 2nd quarter valued at about $42,000. CWM LLC raised 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 acquiring an additional 61 shares during the last quarter. Woodmont Investment Counsel LLC acquired a new stake in Vanguard Materials ETF during the 1st quarter worth approximately $51,000. Finally, McClarren Financial Advisors Inc. grew its stake in shares of Vanguard Materials ETF by 100.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock valued at $81,000 after purchasing an additional 192 shares during the last quarter.

Vanguard Materials ETF Price Performance

Vanguard Materials ETF stock opened at $209.69 on Tuesday. The business has a 50 day simple moving average of $206.42 and a 200-day simple moving average of $200.59. Vanguard Materials ETF has a 12 month low of $164.07 and a 12 month high of $215.82. The stock has a market capitalization of $3.11 billion, a PE ratio of 15.20 and a beta of 0.98.

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.