Creative Planning Sells 2,606 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Creative Planning trimmed its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 8.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 27,150 shares of the company’s stock after selling 2,606 shares during the period. Creative Planning’s holdings in Vanguard Materials ETF were worth $5,742,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. New Millennium Group LLC bought a new stake in Vanguard Materials ETF in the second quarter worth $33,000. Rosenberg Matthew Hamilton bought a new stake in shares of Vanguard Materials ETF in the 2nd quarter worth about $42,000. CWM LLC raised its position in shares of Vanguard Materials ETF by 35.9% during the 2nd quarter. CWM LLC now owns 231 shares of the company’s stock valued at $44,000 after buying an additional 61 shares in the last quarter. Woodmont Investment Counsel LLC purchased a new position in Vanguard Materials ETF in the first quarter worth about $51,000. Finally, Cape Investment Advisory Inc. increased its stake in Vanguard Materials ETF by 255.6% during the first quarter. Cape Investment Advisory Inc. now owns 672 shares of the company’s stock worth $137,000 after acquiring an additional 483 shares during the last quarter.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $210.60 on Thursday. The company has a market cap of $3.12 billion, a PE ratio of 15.20 and a beta of 0.98. The stock’s 50 day simple moving average is $206.03 and its two-hundred day simple moving average is $200.54. Vanguard Materials ETF has a 1 year low of $162.58 and a 1 year 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.