Corient Private Wealth LLC Cuts Stock Position in Vanguard Materials ETF $VAW

Corient Private Wealth LLC trimmed its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 6.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,513 shares of the company’s stock after selling 5,086 shares during the period. Corient Private Wealth LLC’s holdings in Vanguard Materials ETF were worth $14,323,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VAW. NBT Bank N A NY raised its stake in Vanguard Materials ETF by 33.7% during the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock valued at $43,000 after purchasing an additional 56 shares during the period. Wealth Preservation Advisors LLC purchased a new stake in Vanguard Materials ETF during the 1st quarter valued at approximately $52,000. CWM LLC raised its position in shares of Vanguard Materials ETF by 58.9% during the second quarter. CWM LLC now owns 294 shares of the company’s stock valued at $57,000 after buying an additional 109 shares during the last quarter. GKV Capital Management Co. Inc. bought a new stake in shares of Vanguard Materials ETF during the first quarter valued at approximately $72,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Vanguard Materials ETF by 33.8% in the first quarter. Russell Investments Group Ltd. now owns 388 shares of the company’s stock worth $73,000 after buying an additional 98 shares in the last quarter.

Vanguard Materials ETF Stock Performance

VAW opened at $206.50 on Friday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. The company has a fifty day moving average of $199.89 and a 200 day moving average of $200.76. Vanguard Materials ETF has a fifty-two week low of $161.43 and a fifty-two week high of $210.34.

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.