Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI lowered its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 2.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,704 shares of the company’s stock after selling 320 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Materials ETF were worth $2,762,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new position in Vanguard Materials ETF in the 3rd quarter valued at approximately $31,000. Wilmington Savings Fund Society FSB purchased a new position in Vanguard Materials ETF in the 3rd quarter valued at approximately $60,000. McClarren Financial Advisors Inc. boosted its position in Vanguard Materials ETF by 100.0% in the 3rd quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock valued at $81,000 after buying an additional 192 shares during the period. Finally, Coastline Trust Co acquired a new stake in shares of Vanguard Materials ETF in the 3rd quarter valued at $90,000.

Vanguard Materials ETF Trading Down 0.5 %

Shares of VAW opened at $197.84 on Monday. Vanguard Materials ETF has a twelve month low of $179.00 and a twelve month high of $215.82. The firm’s fifty day simple moving average is $198.04 and its 200-day simple moving average is $202.05. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98.

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.