Beacon Capital Management Inc. Has $105.59 Million Position in Vanguard Materials ETF (NYSEARCA:VAW)

Beacon Capital Management Inc. decreased its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 27.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 562,124 shares of the company’s stock after selling 214,364 shares during the quarter. Vanguard Materials ETF accounts for approximately 4.6% of Beacon Capital Management Inc.’s holdings, making the stock its 12th biggest position. Beacon Capital Management Inc. owned approximately 3.80% of Vanguard Materials ETF worth $105,589,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VAW. JPMorgan Chase & Co. increased its stake in shares of Vanguard Materials ETF by 7.9% in the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after acquiring an additional 4,308 shares during the last quarter. Empower Advisory Group LLC raised its position in Vanguard Materials ETF by 3.1% during the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock valued at $59,714,000 after acquiring an additional 9,651 shares in the last quarter. Truist Financial Corp lifted its stake in Vanguard Materials ETF by 9.1% in the fourth quarter. Truist Financial Corp now owns 8,136 shares of the company’s stock valued at $1,528,000 after acquiring an additional 679 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in Vanguard Materials ETF in the third quarter worth approximately $211,000. Finally, Thrivent Financial for Lutherans increased its stake in shares of Vanguard Materials ETF by 2.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 18,567 shares of the company’s stock worth $3,926,000 after purchasing an additional 513 shares during the last quarter.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA:VAW opened at $191.48 on Friday. The stock has a market capitalization of $2.68 billion, a P/E ratio of 22.64 and a beta of 1.12. The business has a 50-day moving average of $195.32 and a two-hundred day moving average of $200.99. 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.