Vanguard Materials ETF (NYSEARCA:VAW) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. decreased its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,349 shares of the company’s stock after selling 176 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vanguard Materials ETF were worth $285,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new position in Vanguard Materials ETF in the third quarter valued at $25,000. New Millennium Group LLC acquired a new stake in shares of Vanguard Materials ETF in the 2nd quarter valued at about $33,000. Rosenberg Matthew Hamilton purchased a new position in Vanguard Materials ETF during the 2nd quarter worth approximately $42,000. CWM LLC increased its position in Vanguard Materials ETF by 35.9% during 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 period. Finally, McClarren Financial Advisors Inc. lifted its stake in Vanguard Materials ETF by 100.0% in the third quarter. McClarren Financial Advisors Inc. now owns 384 shares of the company’s stock valued at $81,000 after buying an additional 192 shares during the last quarter.

Vanguard Materials ETF Trading Up 0.6 %

VAW stock opened at $210.70 on Friday. The company has a market capitalization of $3.12 billion, a P/E ratio of 15.20 and a beta of 0.98. The business has a 50 day simple moving average of $209.00 and a 200-day simple moving average of $202.09. Vanguard Materials ETF has a twelve month low of $176.46 and a twelve month high of $215.82.

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.