Prime Capital Investment Advisors LLC Has $584,000 Position in Vanguard Materials ETF $VAW

Prime Capital Investment Advisors LLC lessened its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 19.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,998 shares of the company’s stock after selling 739 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard Materials ETF were worth $584,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Greykasell Wealth Strategies Inc. bought a new stake in Vanguard Materials ETF during the 1st quarter valued at $25,000. Olistico Wealth LLC bought a new stake in Vanguard Materials ETF during the 1st quarter valued at $42,000. Wealth Preservation Advisors LLC bought a new stake in Vanguard Materials ETF during the 1st quarter valued at $52,000. Cullen Frost Bankers Inc. bought a new stake in Vanguard Materials ETF during the 1st quarter valued at $55,000. Finally, GKV Capital Management Co. Inc. bought a new stake in Vanguard Materials ETF during the 1st quarter valued at $72,000.

Vanguard Materials ETF Trading Down 1.8%

Shares of VAW stock opened at $199.04 on Friday. The firm has a market capitalization of $2.73 billion, a PE ratio of 23.02 and a beta of 1.11. The firm has a fifty day simple moving average of $204.54 and a two-hundred day simple moving average of $195.30. Vanguard Materials ETF has a 12 month low of $161.43 and a 12 month high of $215.82.

Vanguard Materials ETF 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.