Concurrent Investment Advisors LLC Has $851,000 Stake in Vanguard Materials ETF (NYSEARCA:VAW)

Concurrent Investment Advisors LLC reduced its holdings in shares of Vanguard Materials ETF (NYSEARCA:VAW) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,531 shares of the company’s stock after selling 294 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Materials ETF were worth $851,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Empower Advisory Group LLC grew its stake in Vanguard Materials ETF by 3.1% during the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after purchasing an additional 9,651 shares during the period. Stifel Financial Corp grew its position in shares of Vanguard Materials ETF by 7.5% during the 3rd quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock worth $17,601,000 after buying an additional 5,802 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock valued at $12,399,000 after acquiring an additional 4,308 shares in the last quarter. Strengthening Families & Communities LLC lifted its position in shares of Vanguard Materials ETF by 5.4% during the 4th quarter. Strengthening Families & Communities LLC now owns 44,924 shares of the company’s stock valued at $8,439,000 after acquiring an additional 2,321 shares during the period. Finally, KCM Investment Advisors LLC grew its holdings in Vanguard Materials ETF by 0.4% in the third quarter. KCM Investment Advisors LLC now owns 41,438 shares of the company’s stock worth $8,763,000 after purchasing an additional 184 shares during the period.

Vanguard Materials ETF Trading Down 1.9 %

Shares of NYSEARCA VAW opened at $195.09 on Monday. The firm’s 50-day moving average price is $194.17 and its 200-day moving average price is $201.98. The firm has a market capitalization of $2.89 billion, a P/E ratio of 15.20 and a beta of 0.98. Vanguard Materials ETF has a 1-year low of $185.00 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.