Vanguard Materials ETF $VAW Stock Sold by NORTHSTAR ASSET MANAGEMENT Co

NORTHSTAR ASSET MANAGEMENT Co lowered its position in Vanguard Materials ETF (NYSEARCA:VAW) by 90.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,315 shares of the company’s stock after selling 12,575 shares during the period. NORTHSTAR ASSET MANAGEMENT Co’s holdings in Vanguard Materials ETF were worth $298,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in Vanguard Materials ETF during the second quarter valued at about $1,041,000. Markowski Investments bought a new position in Vanguard Materials ETF during the second quarter worth about $2,050,000. Praetorian Wealth Management Inc. increased its stake in shares of Vanguard Materials ETF by 541.8% in the second quarter. Praetorian Wealth Management Inc. now owns 14,980 shares of the company’s stock worth $3,427,000 after purchasing an additional 12,646 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Vanguard Materials ETF in the third quarter worth about $2,035,000. Finally, Fifth Third Bancorp raised its position in shares of Vanguard Materials ETF by 307.4% in the first quarter. Fifth Third Bancorp now owns 8,865 shares of the company’s stock valued at $1,998,000 after purchasing an additional 6,689 shares during the period.

Vanguard Materials ETF Trading Down 1.0%

Shares of VAW stock traded down $2.18 during trading on Friday, reaching $224.32. 48,715 shares of the company’s stock traded hands, compared to its average volume of 74,991. The company has a market capitalization of $3.22 billion, a P/E ratio of 23.02 and a beta of 0.97. The firm’s 50-day moving average is $228.05 and its 200 day moving average is $229.98. Vanguard Materials ETF has a 1 year low of $190.29 and a 1 year high of $245.26.

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. 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.