Modera Wealth Management LLC Sells 263 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Modera Wealth Management LLC lessened its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,065 shares of the company’s stock after selling 263 shares during the quarter. Modera Wealth Management LLC’s holdings in Vanguard Materials ETF were worth $1,139,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Laidlaw Wealth Management LLC raised its stake in shares of Vanguard Materials ETF by 2.8% during the fourth quarter. Laidlaw Wealth Management LLC now owns 1,866 shares of the company’s stock valued at $351,000 after acquiring an additional 51 shares during the last quarter. First Financial Corp IN increased its holdings in Vanguard Materials ETF by 2.1% in the fourth quarter. First Financial Corp IN now owns 2,710 shares of the company’s stock valued at $509,000 after purchasing an additional 56 shares during the period. Private Wealth Advisors LLC raised its position in Vanguard Materials ETF by 0.8% during the 3rd quarter. Private Wealth Advisors LLC now owns 8,751 shares of the company’s stock worth $1,843,000 after purchasing an additional 66 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in Vanguard Materials ETF by 50.7% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock worth $39,000 after purchasing an additional 70 shares during the last quarter. Finally, Leavell Investment Management Inc. lifted its holdings in Vanguard Materials ETF by 3.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 2,595 shares of the company’s stock worth $551,000 after buying an additional 75 shares during the period.

Vanguard Materials ETF Price Performance

Shares of VAW stock opened at $192.32 on Tuesday. Vanguard Materials ETF has a one year low of $185.00 and a one year high of $215.82. The business’s 50 day simple moving average is $194.56 and its 200 day simple moving average is $201.99. The stock has a market capitalization of $2.71 billion, a PE ratio of 23.58 and a beta of 1.12.

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.