Charles Schwab Investment Management Inc. Has $681,000 Stock Position in Vanguard Materials ETF (NYSEARCA:VAW)

Charles Schwab Investment Management Inc. cut its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,219 shares of the company’s stock after selling 285 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Vanguard Materials ETF were worth $681,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VAW. Citizens Financial Group Inc. RI acquired a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at about $228,000. Darwin Wealth Management LLC acquired a new position in Vanguard Materials ETF during the third quarter valued at approximately $31,000. Strengthening Families & Communities LLC grew its holdings in Vanguard Materials ETF by 2.8% during the third quarter. Strengthening Families & Communities LLC now owns 42,603 shares of the company’s stock valued at $9,009,000 after purchasing an additional 1,177 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of Vanguard Materials ETF by 2.8% in the third quarter. Thrivent Financial for Lutherans now owns 18,567 shares of the company’s stock worth $3,926,000 after buying an additional 513 shares during the last quarter. Finally, Coastline Trust Co acquired a new stake in shares of Vanguard Materials ETF in the third quarter worth $90,000.

Vanguard Materials ETF Stock Down 3.6 %

Shares of NYSEARCA:VAW opened at $189.69 on Thursday. The business has a 50 day moving average price of $208.16 and a 200 day moving average price of $202.74. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a twelve month low of $179.00 and a twelve month high of $215.82.

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.