Tower Research Capital LLC TRC cut its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 71.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,745 shares of the company’s stock after selling 11,595 shares during the period. Tower Research Capital LLC TRC’s holdings in Vanguard Materials ETF were worth $609,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. acquired a new position in Vanguard Materials ETF in the 2nd quarter valued at about $61,000. Advisory Services Network LLC lifted its holdings in shares of Vanguard Materials ETF by 50.4% during the 2nd quarter. Advisory Services Network LLC now owns 770 shares of the company’s stock worth $99,000 after acquiring an additional 258 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in shares of Vanguard Materials ETF during the 2nd quarter worth approximately $136,000. Bank of Montreal Can lifted its holdings in shares of Vanguard Materials ETF by 171.5% during the 1st quarter. Bank of Montreal Can now owns 1,173 shares of the company’s stock worth $144,000 after acquiring an additional 741 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of Vanguard Materials ETF by 78.2% during the 2nd quarter. US Bancorp DE now owns 1,274 shares of the company’s stock worth $163,000 after acquiring an additional 559 shares during the period.
Shares of Vanguard Materials ETF stock traded down $0.18 on Wednesday, reaching $127.65. 494 shares of the stock were exchanged, compared to its average volume of 120,308. The firm’s 50 day moving average is $123.76 and its 200-day moving average is $124.34. Vanguard Materials ETF has a one year low of $103.54 and a one year high of $138.09.
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.
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