M Holdings Securities Inc. Sells 386 Shares of Vanguard Materials ETF (NYSEARCA:VAW)

M Holdings Securities Inc. lowered its stake in Vanguard Materials ETF (NYSEARCA:VAW) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,919 shares of the company’s stock after selling 386 shares during the quarter. Vanguard Materials ETF comprises 1.1% of M Holdings Securities Inc.’s portfolio, making the stock its 21st biggest holding. M Holdings Securities Inc.’s holdings in Vanguard Materials ETF were worth $7,311,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Materials ETF by 7.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 58,631 shares of the company’s stock worth $12,399,000 after acquiring an additional 4,308 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Vanguard Materials ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 29,892 shares of the company’s stock worth $5,615,000 after purchasing an additional 1,096 shares in the last quarter. Empower Advisory Group LLC increased its stake 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 purchasing an additional 9,651 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Vanguard Materials ETF during the 4th quarter valued at $12,482,000. Finally, O Shaughnessy Asset Management LLC lifted its stake in shares of Vanguard Materials ETF by 18.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,232 shares of the company’s stock valued at $231,000 after buying an additional 196 shares in the last quarter.

Vanguard Materials ETF Stock Performance

Shares of VAW stock opened at $179.56 on Tuesday. The stock has a fifty day simple moving average of $189.76 and a two-hundred day simple moving average of $197.95. The firm has a market capitalization of $2.53 billion, a PE ratio of 23.53 and a beta of 1.12. Vanguard Materials ETF has a 52-week low of $161.43 and a 52-week high of $215.82.

Vanguard Materials ETF Increases Dividend

The firm also recently announced 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 a boost from Vanguard Materials ETF’s previous dividend of $0.82.

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.