Tranquilli Financial Advisor LLC Has $2.23 Million Stock Position in Vanguard Materials ETF (NYSEARCA:VAW)

Tranquilli Financial Advisor LLC cut its stake in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 49.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,867 shares of the company’s stock after selling 11,486 shares during the period. Vanguard Materials ETF makes up approximately 1.4% of Tranquilli Financial Advisor LLC’s investment portfolio, making the stock its 21st largest holding. Tranquilli Financial Advisor LLC’s holdings in Vanguard Materials ETF were worth $2,229,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Sanctuary Advisors LLC acquired a new position in shares of Vanguard Materials ETF during the 2nd quarter worth about $1,488,000. Rockefeller Capital Management L.P. grew its holdings in Vanguard Materials ETF by 19.1% during the third quarter. Rockefeller Capital Management L.P. now owns 39,675 shares of the company’s stock valued at $8,389,000 after purchasing an additional 6,350 shares during the period. Founders Grove Wealth Partners LLC bought a new stake in Vanguard Materials ETF in the fourth quarter valued at approximately $1,108,000. Stifel Financial Corp raised its holdings in Vanguard Materials ETF by 7.5% in the third quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after purchasing an additional 5,802 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Vanguard Materials ETF by 7.9% during the third quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after purchasing an additional 4,308 shares in the last quarter.

Vanguard Materials ETF Trading Down 0.3 %

VAW stock opened at $196.72 on Tuesday. Vanguard Materials ETF has a 1-year low of $179.00 and a 1-year high of $215.82. The business’s 50-day moving average price is $197.07 and its two-hundred day moving average price is $201.98. The firm has a market cap of $2.91 billion, a PE ratio of 15.20 and a beta of 0.98.

About Vanguard Materials ETF

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.