Novak & Powell Financial Services Inc. Sells 288 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Novak & Powell Financial Services Inc. lowered its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,118 shares of the company’s stock after selling 288 shares during the period. Novak & Powell Financial Services Inc.’s holdings in Vanguard Materials ETF were worth $586,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GPS Wealth Strategies Group LLC raised its position in Vanguard Materials ETF by 50.7% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 208 shares of the company’s stock valued at $39,000 after purchasing an additional 70 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of Vanguard Materials ETF by 4,133.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 254 shares of the company’s stock valued at $48,000 after purchasing an additional 248 shares in the last quarter. Russell Investments Group Ltd. raised its position in Vanguard Materials ETF by 110.1% in the 4th quarter. Russell Investments Group Ltd. now owns 290 shares of the company’s stock worth $54,000 after purchasing an additional 152 shares during the last quarter. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Materials ETF during the fourth quarter worth $57,000. Finally, SBI Securities Co. Ltd. bought a new stake in Vanguard Materials ETF during the 4th quarter worth about $71,000.

Vanguard Materials ETF Stock Down 0.4%

VAW stock opened at $192.30 on Wednesday. Vanguard Materials ETF has a twelve month low of $161.43 and a twelve month high of $215.82. The business’s fifty day moving average is $184.30 and its 200-day moving average is $193.50. The company has a market cap of $2.51 billion, a P/E ratio of 23.70 and a beta of 1.08.

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.