Foundations Investment Advisors LLC Lowers Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Foundations Investment Advisors LLC reduced its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,104 shares of the company’s stock after selling 638 shares during the period. Foundations Investment Advisors LLC owned 0.10% of Vanguard Materials ETF worth $3,194,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. New Millennium Group LLC purchased a new position in Vanguard Materials ETF during the 2nd quarter valued at about $33,000. Rosenberg Matthew Hamilton purchased a new position in Vanguard Materials ETF during the 2nd quarter valued at about $42,000. CWM LLC raised its holdings in Vanguard Materials ETF by 35.9% in the second quarter. CWM LLC now owns 231 shares of the company’s stock worth $44,000 after buying an additional 61 shares during the last quarter. Woodmont Investment Counsel LLC purchased a new position in Vanguard Materials ETF in the first quarter worth about $51,000. Finally, McClarren Financial Advisors Inc. raised its holdings in Vanguard Materials ETF by 100.0% in the third quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock worth $81,000 after buying an additional 192 shares during the last quarter.

Vanguard Materials ETF Stock Performance

Shares of Vanguard Materials ETF stock opened at $211.43 on Wednesday. The stock has a market capitalization of $3.13 billion, a PE ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 52-week low of $162.48 and a 52-week high of $215.82. The company has a 50-day simple moving average of $205.72 and a two-hundred day simple moving average of $200.47.

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.