Corient Private Wealth LLC Reduces Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Corient Private Wealth LLC decreased its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 2.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,815 shares of the company’s stock after selling 2,491 shares during the quarter. Corient Private Wealth LLC owned about 0.57% of Vanguard Materials ETF worth $15,744,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VAW. Wealthfront Advisers LLC raised its holdings in Vanguard Materials ETF by 17,699.5% in the fourth quarter. Wealthfront Advisers LLC now owns 527,400 shares of the company’s stock worth $99,067,000 after purchasing an additional 524,437 shares in the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Materials ETF in the fourth quarter worth $12,482,000. Proficio Capital Partners LLC bought a new position in Vanguard Materials ETF in the fourth quarter worth $7,374,000. Life Planning Partners Inc bought a new position in Vanguard Materials ETF in the fourth quarter worth $6,704,000. Finally, Empower Advisory Group LLC raised its holdings in Vanguard Materials ETF by 3.1% in the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after purchasing an additional 9,651 shares in the last quarter.

Vanguard Materials ETF Trading Up 0.4 %

VAW opened at $192.87 on Thursday. Vanguard Materials ETF has a 12-month low of $185.00 and a 12-month high of $215.82. The stock has a fifty day simple moving average of $195.24 and a two-hundred day simple moving average of $201.05. The company has a market cap of $2.70 billion, a price-to-earnings ratio of 22.64 and a beta of 1.12.

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.