Concurrent Investment Advisors LLC Sells 294 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Concurrent Investment Advisors LLC lessened its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 6.1% during the fourth quarter, HoldingsChannel reports. The firm owned 4,531 shares of the company’s stock after selling 294 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Materials ETF were worth $851,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Empower Advisory Group LLC increased its position in Vanguard Materials ETF by 3.1% in the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after buying an additional 9,651 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Vanguard Materials ETF by 7.5% during the 3rd quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after acquiring an additional 5,802 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Vanguard Materials ETF by 7.9% during the 3rd 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 period. Strengthening Families & Communities LLC increased its holdings in Vanguard Materials ETF by 5.4% in the 4th quarter. Strengthening Families & Communities LLC now owns 44,924 shares of the company’s stock worth $8,439,000 after acquiring an additional 2,321 shares during the last quarter. Finally, KCM Investment Advisors LLC raised its stake in Vanguard Materials ETF by 0.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 41,438 shares of the company’s stock valued at $8,763,000 after acquiring an additional 184 shares during the period.

Vanguard Materials ETF Stock Down 1.9 %

Shares of NYSEARCA:VAW opened at $195.09 on Monday. The firm has a market capitalization of $2.89 billion, a PE ratio of 15.20 and a beta of 0.98. The company has a 50-day moving average price of $194.17 and a two-hundred day moving average price of $201.98. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve month high of $215.82.

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.