Freedom Investment Management Inc. Sells 75 Shares of Vanguard Materials ETF $VAW

Freedom Investment Management Inc. reduced its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 4.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,721 shares of the company’s stock after selling 75 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard Materials ETF were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VAW. GW Henssler & Associates Ltd. bought a new position in Vanguard Materials ETF in the 2nd quarter worth $12,588,000. Everstar Asset Management LLC purchased a new stake in Vanguard Materials ETF in the 1st quarter worth $7,880,000. Raymond James Financial Inc. increased its stake in Vanguard Materials ETF by 53.5% in the 1st quarter. Raymond James Financial Inc. now owns 101,987 shares of the company’s stock worth $19,256,000 after buying an additional 35,535 shares in the last quarter. Empower Advisory Group LLC increased its stake in Vanguard Materials ETF by 7.2% in the 1st quarter. Empower Advisory Group LLC now owns 340,823 shares of the company’s stock worth $64,351,000 after buying an additional 22,923 shares in the last quarter. Finally, LRI Investments LLC increased its stake in Vanguard Materials ETF by 1,461.7% in the 1st quarter. LRI Investments LLC now owns 22,129 shares of the company’s stock worth $4,178,000 after buying an additional 20,712 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of VAW stock opened at $202.94 on Monday. Vanguard Materials ETF has a 52-week low of $161.43 and a 52-week high of $213.52. The firm has a market capitalization of $2.78 billion, a PE ratio of 23.02 and a beta of 1.11. The stock has a fifty day simple moving average of $205.09 and a two-hundred day simple moving average of $197.08.

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.