Tower Research Capital LLC TRC Sells 504 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Tower Research Capital LLC TRC trimmed its holdings in Vanguard Materials ETF (NYSEARCA:VAW) by 23.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,607 shares of the company’s stock after selling 504 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Vanguard Materials ETF were worth $302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in VAW. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Materials ETF by 7.9% in the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after buying an additional 4,308 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Vanguard Materials ETF by 110.1% during the fourth quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock valued at $54,000 after purchasing an additional 152 shares during the period. Commonwealth Equity Services LLC lifted its position 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 purchasing an additional 1,096 shares during the period. Empower Advisory Group LLC grew its position in Vanguard Materials ETF by 3.1% in the 4th quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after purchasing an additional 9,651 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Vanguard Materials ETF during the fourth quarter valued at $12,482,000.

Vanguard Materials ETF Stock Up 1.8 %

Shares of NYSEARCA:VAW opened at $188.03 on Friday. Vanguard Materials ETF has a twelve month low of $161.43 and a twelve month high of $215.82. The stock has a market capitalization of $2.47 billion, a PE ratio of 22.37 and a beta of 1.10. The firm’s 50 day moving average price is $185.02 and its 200-day moving average price is $195.38.

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.