TIAA Trust National Association Has $382,000 Holdings in Vanguard Materials ETF (NYSEARCA:VAW)

TIAA Trust National Association trimmed its position in Vanguard Materials ETF (NYSEARCA:VAW) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,035 shares of the company’s stock after selling 435 shares during the quarter. TIAA Trust National Association’s holdings in Vanguard Materials ETF were worth $382,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in VAW. Wealthfront Advisers LLC boosted its stake in Vanguard Materials ETF by 17,699.5% in the 4th quarter. Wealthfront Advisers LLC now owns 527,400 shares of the company’s stock worth $99,067,000 after purchasing an additional 524,437 shares during the period. Empower Advisory Group LLC boosted its position in shares of Vanguard Materials ETF by 3.1% in the fourth quarter. Empower Advisory Group LLC now owns 317,900 shares of the company’s stock worth $59,714,000 after buying an additional 9,651 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Materials ETF by 20.5% in the fourth quarter. LPL Financial LLC now owns 163,141 shares of the company’s stock worth $30,644,000 after buying an additional 27,799 shares during the period. Stifel Financial Corp raised its position in Vanguard Materials ETF by 7.5% during the third quarter. Stifel Financial Corp now owns 83,232 shares of the company’s stock valued at $17,601,000 after buying an additional 5,802 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Vanguard Materials ETF in the 4th quarter worth about $12,482,000.

Vanguard Materials ETF Trading Down 2.1 %

Shares of NYSEARCA VAW opened at $187.10 on Friday. The firm has a market capitalization of $2.62 billion, a PE ratio of 22.64 and a beta of 1.12. Vanguard Materials ETF has a one year low of $185.00 and a one year high of $215.82. The business has a 50-day moving average price of $195.11 and a two-hundred day moving average price of $200.59.

Vanguard Materials ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.8309 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This is an increase from Vanguard Materials ETF’s previous dividend of $0.82.

Vanguard Materials ETF 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.