Cutter & CO Brokerage Inc. Has $1.36 Million Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Cutter & CO Brokerage Inc. lowered its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,171 shares of the company’s stock after selling 384 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Vanguard Materials ETF were worth $1,362,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VAW. CWM LLC grew its stake in Vanguard Materials ETF by 8,285.7% during the third quarter. CWM LLC now owns 587 shares of the company’s stock worth $101,000 after buying an additional 580 shares in the last quarter. Founders Financial Securities LLC acquired a new position in Vanguard Materials ETF during the third quarter worth about $575,000. Exchange Traded Concepts LLC grew its holdings in shares of Vanguard Materials ETF by 104.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 26,461 shares of the company’s stock valued at $4,565,000 after purchasing an additional 13,540 shares during the last quarter. CX Institutional increased its position in Vanguard Materials ETF by 47.6% during the 3rd quarter. CX Institutional now owns 9,599 shares of the company’s stock worth $1,656,000 after purchasing an additional 3,097 shares in the last quarter. Finally, Simplicity Solutions LLC boosted its position in Vanguard Materials ETF by 138.8% in the third quarter. Simplicity Solutions LLC now owns 14,185 shares of the company’s stock valued at $2,447,000 after buying an additional 8,246 shares in the last quarter.

Vanguard Materials ETF Stock Down 0.8 %

Shares of NYSEARCA VAW traded down $1.50 during midday trading on Tuesday, reaching $194.23. 42,928 shares of the company were exchanged, compared to its average volume of 68,425. Vanguard Materials ETF has a one year low of $162.48 and a one year high of $205.99. The stock has a market cap of $2.88 billion, a P/E ratio of 15.44 and a beta of 0.98. The stock’s 50-day moving average price is $196.74 and its 200-day moving average price is $185.16.

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.