Narwhal Capital Management Has $311,000 Position in Vanguard Materials ETF $VAW

Narwhal Capital Management trimmed its position in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 73.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,519 shares of the company’s stock after selling 4,114 shares during the quarter. Narwhal Capital Management’s holdings in Vanguard Materials ETF were worth $311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Birchcreek Wealth Management LLC lifted its holdings in shares of Vanguard Materials ETF by 3.5% during the second quarter. Birchcreek Wealth Management LLC now owns 1,516 shares of the company’s stock worth $295,000 after purchasing an additional 51 shares during the period. NBT Bank N A NY raised its position in Vanguard Materials ETF by 33.7% during the 2nd quarter. NBT Bank N A NY now owns 222 shares of the company’s stock worth $43,000 after purchasing an additional 56 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Vanguard Materials ETF by 1.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,493 shares of the company’s stock worth $715,000 after buying an additional 56 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of Vanguard Materials ETF by 1.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 4,729 shares of the company’s stock valued at $921,000 after buying an additional 66 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Vanguard Materials ETF by 0.8% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 10,350 shares of the company’s stock valued at $2,120,000 after buying an additional 83 shares during the last quarter.

Vanguard Materials ETF Price Performance

Shares of VAW opened at $222.30 on Friday. Vanguard Materials ETF has a 1 year low of $161.43 and a 1 year high of $222.35. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 23.02 and a beta of 1.06. The business has a 50-day moving average of $203.27 and a 200-day moving average of $202.81.

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. Included within this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products, and related packaging products, as well as metals, minerals, and mining companies, including producers of steel.