Vanguard Materials ETF (NYSEARCA:VAW) is M Financial Asset Management Inc.’s 6th Largest Position

M Financial Asset Management Inc. reduced its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,531 shares of the company’s stock after selling 539 shares during the period. Vanguard Materials ETF accounts for about 3.2% of M Financial Asset Management Inc.’s portfolio, making the stock its 6th largest holding. M Financial Asset Management Inc.’s holdings in Vanguard Materials ETF were worth $663,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Raymond James & Associates boosted its holdings in shares of Vanguard Materials ETF by 12.7% during the 3rd quarter. Raymond James & Associates now owns 26,557 shares of the company’s stock worth $5,616,000 after purchasing an additional 3,001 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Vanguard Materials ETF by 12.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 8,491 shares of the company’s stock valued at $1,796,000 after acquiring an additional 964 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in Vanguard Materials ETF by 3.9% in the third quarter. Valmark Advisers Inc. now owns 4,427 shares of the company’s stock valued at $936,000 after acquiring an additional 165 shares during the last quarter. O ROURKE & COMPANY Inc lifted its holdings in Vanguard Materials ETF by 7.3% in the third quarter. O ROURKE & COMPANY Inc now owns 1,820 shares of the company’s stock valued at $385,000 after acquiring an additional 124 shares during the last quarter. Finally, Silver Coast Investments LLC lifted its holdings in Vanguard Materials ETF by 3.3% in the third quarter. Silver Coast Investments LLC now owns 15,260 shares of the company’s stock valued at $3,227,000 after acquiring an additional 484 shares during the last quarter.

Vanguard Materials ETF Stock Performance

VAW opened at $198.92 on Friday. Vanguard Materials ETF has a one year low of $185.00 and a one year high of $215.82. The stock has a market capitalization of $2.95 billion, a PE ratio of 15.20 and a beta of 0.98. The business’s 50 day moving average price is $194.27 and its 200 day moving average price is $201.82.

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.