Lodestar Private Asset Management LLC Trims Position in Vanguard Materials ETF (NYSEARCA:VAW)

Lodestar Private Asset Management LLC cut its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 8.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,094 shares of the company’s stock after selling 100 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Vanguard Materials ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VAW. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Materials ETF by 95.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 391,324 shares of the company’s stock valued at $75,394,000 after purchasing an additional 191,430 shares in the last quarter. Cetera Investment Advisers grew its stake in Vanguard Materials ETF by 979.6% in the 1st quarter. Cetera Investment Advisers now owns 113,292 shares of the company’s stock valued at $23,160,000 after acquiring an additional 102,798 shares during the period. Polianta Ltd acquired a new stake in Vanguard Materials ETF in the 2nd quarter valued at $6,819,000. Cetera Advisors LLC grew its stake in Vanguard Materials ETF by 601.9% in the 1st quarter. Cetera Advisors LLC now owns 38,308 shares of the company’s stock valued at $7,831,000 after acquiring an additional 32,850 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in Vanguard Materials ETF by 125.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 37,543 shares of the company’s stock valued at $7,675,000 after acquiring an additional 20,862 shares during the period.

Vanguard Materials ETF Stock Performance

Vanguard Materials ETF stock opened at $208.86 on Thursday. The company’s fifty day moving average price is $206.97 and its 200 day moving average price is $200.78. Vanguard Materials ETF has a 1 year low of $164.64 and a 1 year high of $215.82. The stock has a market capitalization of $3.09 billion, a P/E 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.