Brown Advisory Inc. reduced its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 6.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,836 shares of the company’s stock after selling 1,407 shares during the quarter. Brown Advisory Inc. owned 0.10% of Vanguard Materials ETF worth $2,732,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vanguard Materials ETF by 28.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 18,726 shares of the company’s stock worth $2,464,000 after acquiring an additional 4,185 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Materials ETF by 27.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,742 shares of the company’s stock worth $1,413,000 after acquiring an additional 2,325 shares in the last quarter. Private Advisory Group LLC boosted its stake in shares of Vanguard Materials ETF by 30.5% during the 2nd quarter. Private Advisory Group LLC now owns 6,441 shares of the company’s stock worth $847,000 after acquiring an additional 1,506 shares in the last quarter. White Lighthouse Investment Management Inc. bought a new stake in shares of Vanguard Materials ETF during the 2nd quarter worth $1,065,000. Finally, FMR LLC boosted its stake in shares of Vanguard Materials ETF by 97.7% during the 2nd quarter. FMR LLC now owns 4,591 shares of the company’s stock worth $604,000 after acquiring an additional 2,269 shares in the last quarter.
VAW opened at $114.35 on Friday. Vanguard Materials ETF has a fifty-two week low of $112.15 and a fifty-two week high of $144.65.
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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.
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