KCM Investment Advisors LLC Sells 1,341 Shares of Vanguard Materials ETF $VAW

KCM Investment Advisors LLC trimmed its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,231 shares of the company’s stock after selling 1,341 shares during the quarter. KCM Investment Advisors LLC owned approximately 0.27% of Vanguard Materials ETF worth $7,449,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. NBT Bank N A NY raised its holdings in shares of Vanguard Materials ETF by 33.7% in the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock worth $43,000 after purchasing an additional 56 shares during the period. Concurrent Investment Advisors LLC grew its holdings in Vanguard Materials ETF by 1.4% during the second quarter. Concurrent Investment Advisors LLC now owns 4,729 shares of the company’s stock valued at $921,000 after purchasing an additional 66 shares during the period. Wealth Alliance LLC increased its position in Vanguard Materials ETF by 4.0% in the first quarter. Wealth Alliance LLC now owns 1,904 shares of the company’s stock worth $359,000 after buying an additional 73 shares during the last quarter. Madden Advisory Services Inc. increased its position in Vanguard Materials ETF by 5.5% in the second quarter. Madden Advisory Services Inc. now owns 1,618 shares of the company’s stock worth $315,000 after buying an additional 85 shares during the last quarter. Finally, Founders Grove Wealth Partners LLC raised its stake in shares of Vanguard Materials ETF by 1.3% in the second quarter. Founders Grove Wealth Partners LLC now owns 6,506 shares of the company’s stock valued at $1,268,000 after buying an additional 85 shares during the period.

Vanguard Materials ETF Stock Performance

VAW stock opened at $194.59 on Friday. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. Vanguard Materials ETF has a fifty-two week low of $161.43 and a fifty-two week high of $213.52. The stock has a fifty day moving average of $203.08 and a 200-day moving average of $198.26.

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.