Westside Investment Management Inc. Lowers Stock Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

Westside Investment Management Inc. lowered its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 18.3% during the 1st quarter, Holdings Channel reports. The firm owned 441 shares of the company’s stock after selling 99 shares during the quarter. Westside Investment Management Inc.’s holdings in Vanguard Materials ETF were worth $90,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Woodmont Investment Counsel LLC purchased a new stake in Vanguard Materials ETF in the 1st quarter worth $51,000. Exchange Capital Management Inc. lifted its stake in Vanguard Materials ETF by 1.9% in the 1st quarter. Exchange Capital Management Inc. now owns 24,704 shares of the company’s stock worth $5,050,000 after purchasing an additional 472 shares in the last quarter. O ROURKE & COMPANY Inc lifted its stake in Vanguard Materials ETF by 17.4% in the 1st quarter. O ROURKE & COMPANY Inc now owns 1,696 shares of the company’s stock worth $347,000 after purchasing an additional 251 shares in the last quarter. 180 Wealth Advisors LLC lifted its stake in Vanguard Materials ETF by 3.8% in the 1st quarter. 180 Wealth Advisors LLC now owns 4,123 shares of the company’s stock worth $843,000 after purchasing an additional 150 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Materials ETF by 0.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,269 shares of the company’s stock worth $1,486,000 after purchasing an additional 67 shares in the last quarter.

Vanguard Materials ETF Stock Up 0.8 %

Shares of VAW stock opened at $191.91 on Thursday. The stock has a market cap of $2.84 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 52 week low of $162.48 and a 52 week high of $205.99. The company’s fifty day simple moving average is $197.93 and its two-hundred day simple moving average is $193.92.

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.