Vanguard Materials ETF (NYSEARCA:VAW) Stock Holdings Reduced by TIAA Trust National Association

TIAA Trust National Association reduced its position in Vanguard Materials ETF (NYSEARCA:VAW) by 17.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,035 shares of the company’s stock after selling 435 shares during the period. TIAA Trust National Association’s holdings in Vanguard Materials ETF were worth $382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after purchasing an additional 4,308 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Vanguard Materials ETF by 3.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 29,892 shares of the company’s stock valued at $5,615,000 after buying an additional 1,096 shares in the last quarter. Empower Advisory Group LLC lifted its position in shares of Vanguard Materials ETF by 3.1% in the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after buying an additional 9,651 shares during the last quarter. Truist Financial Corp boosted its stake in shares of Vanguard Materials ETF by 9.1% during the 4th quarter. Truist Financial Corp now owns 8,136 shares of the company’s stock worth $1,528,000 after acquiring an additional 679 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at about $211,000.

Vanguard Materials ETF Stock Performance

Shares of VAW stock opened at $187.10 on Friday. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 22.64 and a beta of 1.12. The stock’s 50 day simple moving average is $195.11 and its 200 day simple moving average is $200.59. Vanguard Materials ETF has a twelve month low of $185.00 and a twelve month high of $215.82.

Vanguard Materials ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.8309 dividend. This is a positive change from Vanguard Materials ETF’s previous dividend of $0.82. The ex-dividend date of this dividend was Tuesday, March 25th.

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.