M Holdings Securities Inc. Lowers Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

M Holdings Securities Inc. lessened its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 81.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,311 shares of the company’s stock after selling 31,994 shares during the period. Vanguard Materials ETF accounts for approximately 0.9% of M Holdings Securities Inc.’s holdings, making the stock its 14th biggest position. M Holdings Securities Inc.’s holdings in Vanguard Materials ETF were worth $1,373,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its position in shares of Vanguard Materials ETF by 50.7% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after purchasing an additional 70 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Vanguard Materials ETF by 4,133.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock worth $48,000 after purchasing an additional 248 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Vanguard Materials ETF during the 3rd quarter valued at approximately $60,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Materials ETF during the fourth quarter valued at approximately $57,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Vanguard Materials ETF during the fourth quarter valued at approximately $71,000.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA:VAW opened at $189.27 on Friday. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 22.64 and a beta of 1.12. The firm has a fifty day moving average price of $195.39 and a 200 day moving average price of $200.86. Vanguard Materials ETF has a fifty-two week low of $185.00 and a fifty-two week high of $215.82.

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.