NORTHSTAR ASSET MANAGEMENT Co trimmed its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW – Free Report) by 90.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,315 shares of the company’s stock after selling 12,575 shares during the quarter. NORTHSTAR ASSET MANAGEMENT Co’s holdings in Vanguard Materials ETF were worth $298,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. NBT Bank N.A. bought a new position in Vanguard Materials ETF in the 3rd quarter valued at $29,000. Howe & Rusling Inc. bought a new position in Vanguard Materials ETF during the first quarter valued at about $30,000. Root Financial Partners LLC purchased a new stake in Vanguard Materials ETF during the third quarter worth about $32,000. IFP Advisors Inc increased its holdings in Vanguard Materials ETF by 1,425.0% during the third quarter. IFP Advisors Inc now owns 244 shares of the company’s stock worth $53,000 after buying an additional 228 shares during the last quarter. Finally, C M Bidwell & Associates Ltd. bought a new stake in Vanguard Materials ETF in the second quarter worth about $72,000.
Vanguard Materials ETF Stock Performance
VAW stock traded down $2.18 during mid-day trading on Friday, hitting $224.32. The company had a trading volume of 48,715 shares, compared to its average volume of 74,991. The firm has a market cap of $3.22 billion, a PE ratio of 23.02 and a beta of 0.97. Vanguard Materials ETF has a 12 month low of $190.29 and a 12 month high of $245.26. The stock’s fifty day moving average price is $228.05 and its two-hundred day moving average price is $229.98.
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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.
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