PNC Financial Services Group Inc. Sells 5,737 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

PNC Financial Services Group Inc. decreased its position in Vanguard Materials ETF (NYSEARCA:VAW) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,030 shares of the company’s stock after selling 5,737 shares during the period. PNC Financial Services Group Inc. owned about 0.34% of Vanguard Materials ETF worth $10,073,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of Vanguard Materials ETF by 248.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 520,446 shares of the company’s stock worth $89,787,000 after purchasing an additional 371,020 shares in the last quarter. Stifel Financial Corp grew its position in Vanguard Materials ETF by 1.7% during the 3rd quarter. Stifel Financial Corp now owns 86,869 shares of the company’s stock worth $14,987,000 after acquiring an additional 1,441 shares during the last quarter. TrueWealth Financial Partners increased its holdings in Vanguard Materials ETF by 3.0% during the 3rd quarter. TrueWealth Financial Partners now owns 69,762 shares of the company’s stock valued at $12,035,000 after purchasing an additional 2,007 shares in the last quarter. PGIM Custom Harvest LLC raised its position in Vanguard Materials ETF by 21.6% in the 3rd quarter. PGIM Custom Harvest LLC now owns 66,738 shares of the company’s stock valued at $11,514,000 after purchasing an additional 11,854 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its stake in Vanguard Materials ETF by 137.0% in the third quarter. Atria Wealth Solutions Inc. now owns 54,107 shares of the company’s stock worth $9,370,000 after purchasing an additional 31,280 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of NYSEARCA:VAW opened at $201.61 on Thursday. The business has a fifty day moving average of $199.97 and a 200-day moving average of $189.88. Vanguard Materials ETF has a twelve month low of $162.48 and a twelve month high of $205.99. The firm has a market cap of $2.99 billion, a PE ratio of 15.20 and a beta of 0.98.

Vanguard Materials ETF Company 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.