Cresset Asset Management LLC Sells 116 Shares of Vanguard Materials ETF $VAW

Cresset Asset Management LLC trimmed its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 1.9% during the first quarter, HoldingsChannel.com reports. The firm owned 5,842 shares of the company’s stock after selling 116 shares during the quarter. Cresset Asset Management LLC’s holdings in Vanguard Materials ETF were worth $1,103,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Westside Investment Management Inc. grew its position in Vanguard Materials ETF by 14.1% during the first quarter. Westside Investment Management Inc. now owns 517 shares of the company’s stock worth $98,000 after buying an additional 64 shares in the last quarter. Wealth Alliance LLC grew its position in Vanguard Materials ETF by 4.0% during the first quarter. Wealth Alliance LLC now owns 1,904 shares of the company’s stock worth $359,000 after buying an additional 73 shares in the last quarter. Mutual Advisors LLC grew its position in Vanguard Materials ETF by 7.3% during the first quarter. Mutual Advisors LLC now owns 1,155 shares of the company’s stock worth $211,000 after buying an additional 79 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in Vanguard Materials ETF by 5.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,628 shares of the company’s stock worth $306,000 after buying an additional 81 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Materials ETF by 33.8% in the 1st quarter. Russell Investments Group Ltd. now owns 388 shares of the company’s stock worth $73,000 after purchasing an additional 98 shares in the last quarter.

Vanguard Materials ETF Trading Up 0.2%

VAW opened at $203.94 on Friday. The stock has a 50-day moving average price of $199.07 and a 200-day moving average price of $192.54. Vanguard Materials ETF has a 12-month low of $161.43 and a 12-month high of $215.82. The stock has a market capitalization of $2.79 billion, a P/E ratio of 23.02 and a beta of 1.11.

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.