TIAA Trust National Association Sells 493 Shares of Vanguard Materials ETF $VAW

TIAA Trust National Association cut its position in Vanguard Materials ETF (NYSEARCA:VAW) by 24.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,539 shares of the company’s stock after selling 493 shares during the period. TIAA Trust National Association’s holdings in Vanguard Materials ETF were worth $300,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. acquired a new stake in Vanguard Materials ETF in the first quarter valued at $25,000. NBT Bank N A NY raised its holdings in shares of Vanguard Materials ETF by 33.7% in the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock valued at $43,000 after purchasing an additional 56 shares during the period. Wealth Preservation Advisors LLC acquired a new stake in Vanguard Materials ETF in the 1st quarter valued at about $52,000. Cullen Frost Bankers Inc. bought a new position in Vanguard Materials ETF during the first quarter worth about $55,000. Finally, CWM LLC increased its position in Vanguard Materials ETF by 58.9% during the second quarter. CWM LLC now owns 294 shares of the company’s stock worth $57,000 after buying an additional 109 shares during the last quarter.

Vanguard Materials ETF Stock Up 0.4%

NYSEARCA:VAW opened at $193.09 on Thursday. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $213.52. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. The stock’s 50 day moving average price is $203.67 and its two-hundred day moving average price is $198.16.

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.