Gray Wealth Management Inc. Has $779,000 Position in Vanguard Materials ETF (NYSEARCA:VAW)

Gray Wealth Management Inc. decreased its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 3.1% in the fourth quarter, Holdings Channel reports. The firm owned 4,103 shares of the company’s stock after selling 131 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Materials ETF were worth $779,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Householder Group Estate & Retirement Specialist LLC acquired a new stake in Vanguard Materials ETF in the 3rd quarter valued at $34,000. Allworth Financial LP boosted its holdings in shares of Vanguard Materials ETF by 67.0% in the 4th quarter. Allworth Financial LP now owns 182 shares of the company’s stock worth $35,000 after acquiring an additional 73 shares in the last quarter. Sound Income Strategies LLC bought a new stake in Vanguard Materials ETF during the 3rd quarter worth approximately $47,000. Key Financial Inc boosted its stake in Vanguard Materials ETF by 61.9% in the fourth quarter. Key Financial Inc now owns 327 shares of the company’s stock worth $62,000 after purchasing an additional 125 shares in the last quarter. Finally, Bray Capital Advisors grew its holdings in Vanguard Materials ETF by 31.9% during the 4th quarter. Bray Capital Advisors now owns 372 shares of the company’s stock worth $71,000 after acquiring an additional 90 shares during the last quarter.

Vanguard Materials ETF Stock Performance

VAW traded down $0.07 during mid-day trading on Thursday, reaching $195.36. The stock had a trading volume of 25,469 shares, compared to its average volume of 69,476. The stock has a market capitalization of $2.89 billion, a P/E ratio of 15.44 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 firm’s fifty day simple moving average is $196.07 and its two-hundred day simple moving average is $184.52.

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.