Janney Montgomery Scott LLC Sells 148 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

Janney Montgomery Scott LLC reduced its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,834 shares of the company’s stock after selling 148 shares during the period. Janney Montgomery Scott LLC owned about 0.05% of Vanguard Materials ETF worth $1,472,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Renaissance Technologies LLC grew its holdings in Vanguard Materials ETF by 31.3% during the second quarter. Renaissance Technologies LLC now owns 2,100 shares of the company’s stock valued at $405,000 after purchasing an additional 500 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Vanguard Materials ETF during the 2nd quarter valued at about $1,488,000. SignalPoint Asset Management LLC bought a new position in shares of Vanguard Materials ETF during the 3rd quarter valued at approximately $214,000. Concourse Financial Group Securities Inc. increased its holdings in Vanguard Materials ETF by 7.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 3,214 shares of the company’s stock worth $682,000 after acquiring an additional 231 shares in the last quarter. Finally, Koshinski Asset Management Inc. bought a new stake in Vanguard Materials ETF during the 3rd quarter worth approximately $299,000.

Vanguard Materials ETF Price Performance

Shares of NYSEARCA:VAW opened at $196.72 on Tuesday. The firm’s 50 day simple moving average is $197.07 and its two-hundred day simple moving average is $201.98. The company has a market capitalization of $2.91 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 1-year low of $179.00 and a 1-year 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.