The Manufacturers Life Insurance Company Sells 23,557 Shares of Vanguard Materials ETF $VAW

The Manufacturers Life Insurance Company decreased its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 9.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,065 shares of the company’s stock after selling 23,557 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard Materials ETF were worth $50,716,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. KCM Investment Advisors LLC increased its holdings in shares of Vanguard Materials ETF by 15.1% during the first quarter. KCM Investment Advisors LLC now owns 42,492 shares of the company’s stock valued at $9,575,000 after acquiring an additional 5,579 shares in the last quarter. Quantinno Capital Management LP boosted its stake in Vanguard Materials ETF by 6.9% in the 1st quarter. Quantinno Capital Management LP now owns 13,551 shares of the company’s stock worth $3,054,000 after purchasing an additional 878 shares in the last quarter. Waverly Advisors LLC boosted its stake in Vanguard Materials ETF by 23.8% in the 1st quarter. Waverly Advisors LLC now owns 1,587 shares of the company’s stock worth $358,000 after purchasing an additional 305 shares in the last quarter. Lido Advisors LLC grew its position in Vanguard Materials ETF by 5.0% during the 1st quarter. Lido Advisors LLC now owns 72,773 shares of the company’s stock valued at $16,399,000 after purchasing an additional 3,446 shares during the last quarter. Finally, Hanover Advisors Inc. purchased a new stake in Vanguard Materials ETF during the 1st quarter valued at about $226,000.

Vanguard Materials ETF Stock Performance

NYSEARCA:VAW opened at $228.30 on Friday. The firm has a market cap of $3.02 billion, a P/E ratio of 23.02 and a beta of 0.96. Vanguard Materials ETF has a fifty-two week low of $190.29 and a fifty-two week high of $245.26. The firm has a 50-day simple moving average of $229.47 and a two-hundred day simple moving average of $230.49.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.