Kanawha Capital Management LLC Decreases Position in Vanguard Materials ETF (NYSEARCA:VAW)

Kanawha Capital Management LLC decreased its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 3.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,063 shares of the company’s stock after selling 155 shares during the quarter. Kanawha Capital Management LLC’s holdings in Vanguard Materials ETF were worth $951,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VAW. JPMorgan Chase & Co. raised its stake in Vanguard Materials ETF by 7.9% during the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after buying an additional 4,308 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Vanguard Materials ETF by 9.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 7,982 shares of the company’s stock worth $1,688,000 after purchasing an additional 661 shares during the period. Benjamin Edwards Inc. acquired a new stake in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $211,000. Raymond James & Associates raised its position 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 period. Finally, CX Institutional acquired a new stake in shares of Vanguard Materials ETF during the 3rd quarter worth approximately $524,000.

Vanguard Materials ETF Trading Up 1.6 %

Shares of Vanguard Materials ETF stock opened at $200.37 on Friday. The business’s 50 day simple moving average is $194.84 and its 200-day simple moving average is $201.87. The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a twelve month low of $182.50 and a twelve month 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.