Vanguard Materials ETFVAWETF

13F holders, Q4 2025 (December 31)
403holders +32
45new positions
28sold out
2famous investors
$207.61avg. 13F price*

At the end of Q4 2025, 403 institutions reported holding Vanguard Materials ETF (VAW) in their 13F filings, up 32 from Q3 2025. 45 opened new positions and 28 sold out. The largest holders were Bank of America Corp. ($291.6M), Beacon Capital Management, Inc. ($102.4M) and Empower Advisory Group, LLC ($80.3M). 2 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).

Company
Vanguard Materials ETF
CUSIP
92204A801
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400500 Q1 2024: 352Q1 2024Q2 2024: 359Q2 2024Q3 2024: 377Q3 2024Q4 2024: 383Q4 2024Q1 2025: 375Q1 2025Q2 2025: 366Q2 2025Q3 2025: 371Q3 2025Q4 2025: 403Q4 2025Q1 2026: 408Q1 2026Q2 2026: 426Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions45$24.1M
Exits28$13.1M

All 13F filers, Q3 2025 → Q4 2025: 443,345 shares bought and 491,134 shares sold, net −47,789 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 403 holders

Bank of America Corp. 0.02% Reduce -0.9% 1,404,868 $291.6M
Beacon Capital Management, Inc. 5.48% Reduce -10.1% 493,540 $102.4M
Empower Advisory Group, LLC 0.22% Add +11.2% 387,117 $80.3M
LPL Financial LLC 0.02% Add +2.5% 295,587 $61.3M
Manufacturers Life Insurance Company, The 0.04% Reduce -5.2% 248,622 $51.6M
Morgan Stanley 0.00% Reduce -18.6% 240,575 $49.9M
Envestnet Asset Management Inc. 0.01% Reduce -11.8% 240,521 $49.9M
Wells Fargo & Company 0.01% Reduce -3.1% 239,852 $49.8M
Raymond James Financial Inc. 0.01% Add +3.1% 167,304 $34.7M
PGIM Custom Harvest LLC 0.50% Add +11.0% 162,844 $33.8M
Cetera Investment Advisers 0.03% Add +5.1% 121,618 $25.2M
UBS Group AG 0.00% Reduce -2.9% 108,735 $22.6M
Ameritas Advisory Services, LLC 0.83% Add +7904.5% 106,700 $22.1M
Ameriprise Financial Inc. 0.00% Add +16.2% 97,537 $20.2M
Corient Private Wealth LP 0.02% Add +566.3% 69,246 $14.4M
Lido Advisors, LLC 0.06% Reduce -2.0% 69,327 $14.3M
Stifel Financial Corp. 0.01% Reduce -2.5% 69,016 $14.3M
GW Henssler & Associates Ltd. 0.63% Reduce -1.3% 63,368 $13.2M
JPMorgan Chase & Co. 0.00% Reduce -2.1% 56,252 $11.7M
PNC Financial Services Group, Inc. 0.01% Reduce -1.4% 45,804 $9.5M
Polianta Ltd 1.21% New 44,400 $9.2M
Strengthening Families & Communities, LLC 3.25% Add +3.0% 43,884 $9.1M
Rockefeller Capital Management L.P. 0.01% Add +0.3% 39,978 $8.3M
Osaic Holdings, Inc. 0.01% Reduce -8.9% 39,441 $8.2M
Northwestern Mutual Wealth Management Co. 0.00% Reduce -4.3% 37,207 $7.7M
KCM Investment Advisors LLC 0.25% Reduce -0.9% 36,913 $7.7M
Richmond Brothers, Inc. 4.28% Reduce -7.2% 32,424 $6.7M
Exchange Traded Concepts, LLC 0.05% Add +21.6% 30,675 $6.4M
Clear Creek Financial Management, LLC 0.49% Add +27.0% 29,193 $6.1M
LRI Investments, LLC 0.47% Add +11.5% 28,431 $5.9M
Banco Santander, S.A. 0.04% No change 27,924 $5.8M
Guardian Wealth Management, LLC 1.71% — 26,047 $5.4M
M Holdings Securities, Inc. 0.38% New 25,838 $5.4M
Assetmark, Inc. 0.01% Add +610.2% 25,702 $5.3M
Creative Planning 0.00% Reduce -1.6% 25,616 $5.3M
Park National Corp. 0.17% Reduce -30.3% 25,498 $5.3M
Commonwealth Equity Services, LLC 0.01% Reduce -5.8% 24,667 $5.1M
Royal Bank of Canada 0.00% Add +59.2% 24,437 $5.1M
J.W. Cole Advisors, Inc. 0.12% Reduce -13.4% 24,015 $5.0M
Resources Management Corp. /CT/ 0.63% Reduce -3.4% 23,534 $4.9M
Lighthouse Financial Services Inc. 1.12% — 23,378 $4.9M
Vickerman Investment Advisors, Inc. 0.97% Add +1.6% 23,316 $4.8M
Wealthcare Advisory Partners LLC 0.09% Add +0.2% 22,954 $4.8M
Sigma Planning Corp 0.13% Add +3.3% 22,404 $4.7M
Certified Advisory Corp 0.38% Reduce -3.5% 20,060 $4.2M
MML Investors Services, LLC 0.01% Reduce -8.9% 19,614 $4.1M
Mercer Global Advisors Inc. 0.01% Reduce -19.6% 19,481 $4.0M
Foundations Investment Advisors, LLC 0.05% Add +5.6% 19,300 $4.0M
Cambridge Investment Research Advisors, Inc. 0.01% Reduce -1.7% 18,302 $3.8M
HighTower Advisors, LLC 0.00% Reduce -1.4% 17,364 $3.6M
Tranquilli Financial Advisor LLC 2.01% Reduce -3.0% 16,708 $3.5M
Silver Coast Investments LLC 1.18% Add +0.7% 16,557 $3.4M
Gibraltar Capital Management, Inc. 0.57% Add +3.7% 16,217 $3.4M
Atria Investments, Inc 0.04% Reduce -5.5% 15,718 $3.3M
Wealth Enhancement Advisory Services, LLC 0.00% Add +1.2% 14,302 $3.1M
M&T Bank Corp 0.01% Reduce -7.1% 14,987 $3.1M
Mariner, LLC 0.00% Add +0.5% 14,860 $3.1M
Captrust Financial Advisors 0.01% Add +50.8% 14,775 $3.1M
Steward Partners Investment Advisory, LLC 0.02% Add +2.7% 14,452 $3.0M
Parsons Capital Management Inc. 0.16% Reduce -0.1% 14,190 $2.9M
Prospera Financial Services Inc 0.05% Add +4.6% 13,660 $2.8M
Goldman Sachs Group Inc. 0.00% Add +1.8% 12,900 $2.7M
Private Advisor Group, LLC 0.01% Add +0.6% 12,793 $2.7M
Quantinno Capital Management LP 0.01% Add +4.6% 12,673 $2.6M
Buska Wealth Management, LLC 0.96% Reduce -23.7% 12,502 $2.6M
Fell Capital Management 2.37% — 11,695 $2.4M
Global Strategic Investment Solutions, LLC 0.22% Reduce -6.8% 10,808 $2.2M
Truist Financial Corp. 0.00% Add +5.3% 10,659 $2.2M
Sierra Capital LLC 0.23% No change 10,398 $2.2M
Simon Quick Advisors, LLC 0.09% Reduce -0.0% 10,350 $2.1M
Sharper & Granite LLC 0.75% Add +4.7% 10,282 $2.1M
Sage Rhino Capital LLC 0.40% Reduce -0.2% 10,225 $2.1M
MassMutual Private Wealth & Trust, FSB 0.05% Reduce -2.5% 10,091 $2.1M
Sagace Wealth Management LLC 1.40% Add +0.2% 9,918 $2.1M
Prairiewood Capital, LLC 0.62% No change 9,547 $2.0M
Merit Financial Group, LLC 0.02% Add +0.4% 9,524 $2.0M
Janney Montgomery Scott LLC 0.00% Add +1.9% 8,843 $1.8M
Main Street Financial Solutions, LLC 0.14% Reduce -1.6% 8,720 $1.8M
Hershey Financial Advisers, LLC 1.45% Reduce -3.5% 8,292 $1.7M
Private Wealth Advisors, LLC 0.62% Add +3.6% 8,275 $1.7M
BlackRock, Inc. 0.00% Add +14.2% 8,019 $1.7M
Essex Financial Services, Inc. 0.09% Add +0.3% 7,874 $1.6M
Pathway Financial Advisors LLC 0.20% No change 7,240 $1.6M
Strategic Wealth Investment Group, LLC 0.19% Reduce -39.2% 7,586 $1.6M
Cibc World Market Inc. 0.00% Reduce -0.5% 7,396 $1.5M
GTS Securities LLC 0.05% New 7,299 $1.5M
Farrell Financial LLC 0.89% Add +8.5% 7,282 $1.5M
Centaurus Financial, Inc. 0.07% Add +0.2% 7,177 $1.5M
Kestra Advisory Services, LLC 0.01% Reduce -1.2% 6,931 $1.4M
Vista Investment Management 0.47% Reduce -3.5% 6,889 $1.4M
FMR LLC 0.00% Add +23.0% 6,685 $1.4M
Founders Grove Wealth Partners, LLC 0.30% Add +0.6% 6,477 $1.3M
Comerica Bank 0.01% Add +0.9% 6,474 $1.3M
D.A. Davidson & Co. 0.01% Add +0.3% 6,292 $1.3M
Sentinel Pension Advisors, LLC 0.20% Reduce -0.6% 6,202 $1.3M
AlphaCore Capital LLC 0.03% Reduce -0.8% 6,045 $1.3M
Orion Porfolio Solutions, LLC 0.01% Reduce -3.2% 5,997 $1.2M
Axiom Financial Strategies, LLC 0.51% Reduce -1.2% 5,848 $1.2M
Cresset Asset Management, LLC 0.01% Add +5.9% 5,614 $1.2M
Bank of Montreal 0.00% Add +4.7% 5,494 $1.1M
Bonfire Financial 0.84% Add +2.7% 5,415 $1.1M
IHT Wealth Management, LLC 0.03% Add +0.4% 5,174 $1.1M
Northern Trust Corp. 0.00% Add +25.1% 5,360 $1.1M
Choate Investment Advisors 0.02% No change 5,297 $1.1M
Modera Wealth Management, LLC 0.01% Reduce -4.7% 5,233 $1.1M
Comprehensive Money Management Services LLC 0.75% Add +0.0% 5,218 $1.1M
Woodward Diversified Capital, LLC 0.49% Add +1.2% 5,163 $1.1M
Baird Financial Group, Inc. 0.00% Add +10.1% 5,088 $1.1M
Jones Financial Companies LLLP 0.00% Add +2.7% 5,001 $1.0M
Fiduciary Trust Co 0.01% Reduce -1.1% 4,985 $1.0M
Kanawha Capital Management LLC 0.07% Reduce -0.4% 4,968 $1.0M
United Capital Financial Advisors, LLC 0.01% Add +15.9% 4,945 $1.0M
Builder Investment Group Inc. 0.22% No change 4,853 $1.0M
Independent Financial Group, LLC 0.02% Reduce -0.6% 4,842 $1.0M
Altura Wealth Advisors Inc. 0.43% Add +18.2% 4,830 $1.0M
Dorato Capital Management 0.72% — 4,243 $953K
Chevy Chase Trust Holdings, LLC 0.00% New 4,537 $942K
Concurrent Investment Advisors, LLC 0.01% Reduce -2.6% 4,492 $932K
Curran Financial Partners, LLC 0.17% Reduce -2.6% 4,317 $896K
Versant Capital Management, Inc 0.11% No change 4,308 $894K
Atlas Capital Advisors Inc. 0.10% — 4,302 $893K
Thrivent Financial for Lutherans 0.00% New 4,258 $884K
Arkadios Wealth Advisors 0.02% Add +0.9% 4,244 $881K
Wolff Financial Management LLC 0.19% Add +0.1% 4,151 $862K
Phillips Financial Management, LLC 0.06% No change 4,128 $857K
NorthCrest Asset Manangement, LLC 0.02% Reduce -0.1% 3,971 $850K
O'shaughnessy Asset Management, LLC 0.00% Add +13.7% 4,063 $843K
Susquehanna International Group, LLP 0.00% Reduce -21.3% 4,028 $836K
John A. Wolfe & Associates, Inc. 0.45% — 4,014 $833K
Stratos Wealth Partners, LTD. 0.01% Add +0.0% 3,997 $830K
Valmark Advisers, Inc. 0.01% Reduce -1.5% 3,930 $816K
City State Bank 0.22% Add +0.3% 3,904 $810K
180 Wealth Advisors, LLC 0.09% No change 3,846 $798K
Brown Advisory Inc. 0.00% Reduce -18.2% 3,831 $795K
Joule Financial, LLC 0.24% Reduce -3.7% 3,804 $790K
Sage Capital Management, LLC 0.36% Reduce -6.4% 3,767 $783K
WBH Advisory Inc. 0.06% Reduce -5.6% 3,711 $770K
Bailard, Inc. 0.02% Add +22.7% 3,711 $770K
Nations Financial Group Inc, /Ia/ 0.04% Reduce -0.4% 3,688 $766K
Farther Finance Advisors, LLC 0.01% Add +5.0% 3,669 $761K
Institute for Wealth Management, LLC. 0.08% Add +11.4% 3,620 $751K
Envestnet Portfolio Solutions, Inc. 0.00% New 3,511 $726K
Axxcess Wealth Management, LLC 0.01% Reduce -5.0% 3,494 $725K
Point72 Asset Management 0.00% New 3,459 $718K
Flputnam Investment Management Co. 0.01% No change 3,372 $700K
Wealthfront Advisers LLC 0.00% Add +6.8% 3,336 $692K
Advisors Capital Management, LLC 0.01% Add +3.1% 3,334 $692K
First Financial Corp. 0.26% Add +9.3% 3,300 $685K
CGN Advisors LLC 0.05% Add +6.3% 3,259 $676K
Clearstead Advisors, LLC 0.01% Add +6.6% 3,214 $667K
Summit Financial, LLC 0.01% Add +0.2% 3,211 $666K
Citigroup Inc. 0.00% Add +13.3% 3,210 $666K
RFG Advisory, LLC 0.01% New 3,165 $657K
Dentgroup LLC 0.43% Reduce -0.1% 2,993 $621K
Bokf, NA 0.01% No change 2,989 $620K
Novak & Powell Financial Services, Inc. 0.32% Add +0.4% 2,977 $618K
NewEdge Advisors, LLC 0.00% Reduce -5.4% 2,968 $616K
Focus Partners Wealth 0.00% Add +33.5% 2,895 $601K
Whittier Trust Co. 0.01% Add +0.1% 2,744 $599K
Trinity Legacy Partners, LLC 0.14% Add +1.2% 2,849 $591K
Cornerstone Wealth Management, LLC 0.03% Add +35.2% 2,821 $585K
Mason Investment Advisory Services, Inc. 0.03% Add +0.2% 2,806 $582K
Sequoia Financial Advisors, LLC 0.00% Add +4.3% 2,802 $582K
Johnson Investment Counsel Inc. 0.00% Reduce -2.6% 2,779 $577K
Arax Advisory Partners 0.02% New 2,738 $568K
Stephen J. Garry & Associates, LLC 0.44% Reduce -1.1% 2,686 $558K
Prime Capital Investment Advisors, LLC 0.01% Reduce -1.6% 2,614 $543K
Anchor Investment Management, LLC 0.04% Add +4.6% 2,606 $541K
Conservest Capital Advisors, Inc. 0.05% No change 2,563 $532K
&partners 0.00% Reduce -5.3% 2,557 $531K
Parallel Advisors, LLC 0.01% Add +1.0% 2,536 $526K
Alliance Wealth Advisors, LLC 0.25% No change 2,533 $526K
Aspiriant, LLC 0.01% Add +8.4% 2,520 $523K
North Forty Two & Co. 0.47% Reduce -5.9% 2,400 $498K
Brookwood Investment Group LLC 0.06% Reduce -2.0% 2,377 $493K
Wedbush Securities Inc. 0.01% Add +3.0% 2,344 $486K
Mather Group, Llc. 0.01% Reduce -2.1% 2,338 $485K
Praetorian Wealth Management, Inc. 0.10% Reduce -0.0% 2,338 $485K
One Charles Private Wealth Services, LLC 0.12% Reduce -0.2% 2,324 $482K
Blair William & Co. 0.00% Reduce -0.1% 2,319 $481K
U.S. Capital Wealth Advisors, LLC 0.01% No change 2,286 $475K
Integrated Wealth Concepts LLC 0.01% Add +3.7% 2,251 $467K
Sanctuary Advisors, LLC 0.00% Add +12.0% 2,206 $458K
Hilltop Holdings Inc. 0.03% Reduce -5.2% 2,193 $455K
Fifth Third Bancorp 0.00% Reduce -3.6% 2,176 $452K
Beacon Pointe Advisors, LLC 0.00% Reduce -0.5% 2,164 $449K
Simplicity Wealth,LLC 0.03% Reduce -3.4% 2,158 $448K
Financial Freedom, LLC 0.22% Reduce -6.9% 2,146 $445K
Cerity Partners LLC 0.00% New 2,133 $443K
Christine Messmer PC 0.28% — 2,103 $437K
Great Valley Advisor Group, Inc. 0.01% Reduce -1.1% 2,079 $432K
Tiaa Trust, National Association 0.00% Reduce -0.9% 2,033 $422K
Evoke Wealth, LLC 0.01% Add +27.8% 2,010 $417K
Leavell Investment Management, Inc. 0.02% Add +0.5% 1,991 $413K
Retirement Planning Group, LLC 0.01% Reduce -4.4% 1,967 $408K
Gladstone Institutional Advisory LLC 0.02% Reduce -2.0% 1,961 $407K
Mutual Advisors, LLC 0.01% Add +0.1% 1,960 $407K
Yoder Wealth Management, Inc. 0.18% Reduce -9.1% 1,935 $402K
Wealth Alliance, LLC 0.04% Add +0.9% 1,905 $395K
Cranbrook Wealth Management, LLC 0.08% Reduce -8.4% 1,874 $389K
Wealthspire Retirement, LLC 0.02% Add +0.3% 1,864 $387K
Equitable Holdings, Inc. 0.00% Add +1.5% 1,852 $384K
Coppell Advisory Solutions LLC 0.04% Add +11.8% 1,821 $382K
HRT Financial LP 0.00% New 1,818 $377K
US Bancorp \de 0.00% Add +1.7% 1,811 $376K
O'ROURKE & COMPANY, Inc 0.15% Add +8.8% 1,810 $376K
Winch Advisory Services, LLC 0.08% Add +0.4% 1,809 $376K
AQR Capital Management 0.00% Add +21.1% 1,785 $370K
Heritage Trust Co 0.04% Reduce -7.0% 1,766 $367K
Birchcreek Wealth Management, LLC 0.18% Reduce -3.8% 1,758 $365K
KPP Advisory Services LLC 0.05% Add +0.6% 1,739 $361K
CX Institutional 0.01% Reduce -0.6% 1,721 $357K
Keebeck Wealth Management 0.04% Reduce -1.1% 1,706 $354K
Heritage Investment Group, Inc. 0.05% No change 1,700 $353K
Charles Schwab Investment Management Inc. 0.00% Reduce -1.6% 1,700 $353K
Kestra Private Wealth Services, LLC 0.00% Add +29.7% 1,700 $353K
Brandywine Oak Private Wealth LLC 0.03% Add +1.0% 1,658 $344K
Peterson Wealth Advisors, LLC 0.04% New 1,618 $336K
Rwa Wealth Partners, LLC 0.00% Reduce -1.2% 1,605 $333K
Madden Advisory Services, Inc. 0.13% Reduce -3.2% 1,582 $328K
HB Wealth Management, LLC 0.00% Add +0.1% 1,560 $324K
MontVue Capital Management, Inc. 0.21% No change 1,557 $323K
Calder Financial LLC 0.31% — 1,528 $317K
VSM Wealth Advisory, LLC 0.10% Add +1326.2% 1,526 $317K
Wedmont Private Capital 0.01% Add +8.0% 1,460 $314K
Three Bearings Fiduciary Advisors, Inc. 0.29% — 1,394 $314K
TD Waterhouse Canada Inc. 0.00% Reduce -13.3% 1,486 $308K
Ingalls & Snyder LLC 0.01% No change 1,475 $306K
Choreo, LLC 0.00% Add +0.3% 1,442 $302K
Koshinski Asset Management, Inc. 0.02% Reduce -0.3% 1,447 $300K
Narwhal Capital Management 0.02% Reduce -6.9% 1,414 $293K
Advisory Services Network, LLC 0.00% Reduce -0.6% 1,377 $286K
Bragg Financial Advisors, Inc 0.01% Reduce -1.4% 1,373 $285K
Apella Capital, LLC 0.01% New 1,373 $285K
Evermay Wealth Management LLC 0.03% No change 1,315 $273K
Collective Family Office LLC 0.06% Reduce -10.1% 1,295 $269K
CWA Asset Management Group, LLC 0.01% Add +2.1% 1,291 $268K
Waverly Advisors, LLC 0.00% New 1,282 $266K
Waldron Private Wealth LLC 0.01% Add +0.3% 1,261 $262K
Golden State Wealth Management, LLC 0.03% Reduce -7.0% 1,255 $261K
Mission Wealth Management, LP 0.01% No change 1,235 $256K
Simmons Bank 0.02% No change 1,228 $255K
PFG Advisors 0.01% Reduce -6.2% 1,218 $253K
Caprock Group, LLC 0.01% No change 1,193 $248K
Snowden Capital Advisors LLC 0.01% Add +12.7% 1,193 $248K
RBA Wealth Management, LLC 0.08% Add +3.9% 1,187 $246K
NORTHSTAR ASSET MANAGEMENT Co 0.05% No change 1,185 $246K
Csenge Advisory Group 0.01% Add +1.0% 1,162 $241K
Composition Wealth, LLC 0.00% Add +1.9% 1,144 $238K
Elm Partners Management LLC 0.01% Reduce -29.0% 1,120 $232K
Independent Wealth Network Inc. 0.07% Add +1.4% 1,112 $231K
One Capital Management, LLC 0.01% No change 1,100 $228K
Ieq Capital, LLC 0.00% Add +0.3% 1,098 $228K
Pine Valley Investments Ltd Liability Co 0.01% No change 1,081 $224K
BIP Wealth, LLC 0.01% No change 1,077 $224K
BNC Wealth Management, LLC 0.06% No change 1,062 $220K
Shade Tree Advisors LLC 0.17% New 1,059 $220K
McGuire Investment Group, LLC 0.02% Reduce -1.2% 1,048 $218K
Swisher Financial Concepts, Inc. 0.12% Reduce -1.6% 1,045 $217K
Benjamin Edwards Inc. 0.00% Add +3.1% 1,031 $214K
Lodestar Private Asset Management LLC 0.02% Reduce -0.3% 1,026 $213K
Fulton Breakefield Broenniman LLC 0.01% No change 1,025 $213K
Allworth Financial LP 0.00% Add +2.0% 1,020 $212K
Avantax Planning Partners, Inc. 0.01% New 1,019 $211K
CreativeOne Wealth, LLC 0.01% New 1,006 $209K
American Trust 0.02% New 1,003 $208K
Colonial Trust Co / SC 0.03% No change 1,000 $208K
Smith Salley Wealth Management 0.01% No change 1,000 $208K
Unique Wealth, LLC 0.03% No change 986 $205K
PFG Investments, LLC 0.01% Add +0.1% 979 $203K
Foster Group, Inc. 0.01% New 967 $201K
Hurley Capital, LLC 0.10% Add +24.0% 868 $180K
City Holding Co. 0.02% New 863 $179K
Union Bancaire Privee, UBP SA 0.00% No change 1,000 $178K
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% New 853 $177K
Progressive Investment Management Corp 0.03% No change 700 $145K
Global Retirement Partners, LLC 0.00% Add +34.8% 643 $134K
Cornerstone Planning Group LLC 0.02% Add +81.9% 542 $125K
Flagship Wealth Advisors, LLC 0.04% No change 602 $125K
CDKV Holdings LLC 0.10% — 581 $121K
Advocate Investing Services LLC 0.11% — 571 $118K
Hazlett, Burt & Watson, Inc. 0.04% Add +8.0% 551 $114K
EverSource Wealth Advisors, LLC 0.00% No change 536 $111K
Westside Investment Management, Inc. 0.02% Add +0.2% 520 $108K
Kayne Anderson Rudnick Investment Management LLC 0.00% No change 515 $107K
Cardiff Park Advisors, LLC 0.01% No change 511 $106K
Caitlin John, LLC 0.07% No change 500 $104K
Annis Gardner Whiting Capital Advisors, LLC 0.02% New 500 $104K
Capital Investment Advisory Services, LLC 0.01% Add +0.6% 489 $101K
MAI Capital Management 0.00% Reduce -16.1% 465 $96K
Glenmede Trust Co. NA 0.00% — 437 $91K
AE Wealth Management LLC 0.00% No change 400 $83K
Sound Income Strategies, LLC 0.00% Add +846.1% 369 $83K
Harbour Investments, Inc. 0.00% Reduce -2.0% 398 $83K
Tripletail Wealth Management, LLC 0.10% No change 393 $82K
SBI Securities Co., Ltd. 0.00% Add +2.1% 391 $81K
Dynamic Wealth Strategies, LLC 0.05% Add +0.5% 386 $80K
Cwm, LLC 0.00% Add +125.5% 372 $77K
Key Financial Inc 0.01% No change 361 $75K
Optima Capital LLC 0.03% Reduce -65.7% 355 $74K
Cape Investment Advisory, Inc. 0.02% Add +96.0% 341 $71K
Laurel Wealth Advisors LLC 0.01% New 339 $70K
First Horizon Corp. 0.00% No change 334 $69K
Coastline Trust Co 0.01% No change 325 $67K
Russell Investments Group, Ltd. 0.00% Reduce -7.7% 312 $65K
Bellevue Asset Management, LLC 0.02% No change 301 $63K
Strategic Wealth Advisors LLC 0.05% — 300 $62K
Larson Financial Group LLC 0.00% Add +2341.7% 293 $61K
Davis Capital Management 0.04% No change 287 $60K
Webster Bank, N. A. 0.01% No change 275 $57K
Strive Financial Group ,LLC 0.03% — 254 $53K
Montag A & Associates Inc. 0.00% No change 245 $51K
Wealth Preservation Advisors, LLC 0.02% No change 224 $46K
NBT Bank, N.A. 0.00% Add +1.0% 299 $46K
Bogart Wealth, LLC 0.00% No change 218 $45K
Root Financial Partners, LLC 0.00% Add +46.2% 212 $44K
Fourth Dimension Wealth, LLC 0.02% No change 204 $42K
Global Wealth Strategies & Associates 0.01% No change 202 $42K
C M Bidwell & Associates Ltd. 0.02% No change 185 $38K
Concord Wealth Partners 0.01% No change 185 $38K
Armstrong Advisory Group, Inc. 0.00% Reduce -9.8% 175 $36K
New Millennium Group LLC 0.01% Reduce -5.2% 163 $34K
Running Point Capital Advisors, LLC 0.01% No change 154 $32K
TD Private Client Wealth LLC 0.00% Add +6.3% 152 $32K
Tower Research Capital LLC (TRC) 0.00% Reduce -25.5% 149 $31K
BOK Financial Private Wealth, Inc. 0.00% New 146 $30K
Greykasell Wealth Strategies, Inc. 0.01% No change 131 $27K
Parkside Financial Bank & Trust 0.00% Add +333.3% 130 $27K
Godfrey Financial Associates, Inc. 0.02% — 127 $26K
Front Row Advisors LLC 0.01% No change 125 $26K
Hollencrest Capital Management 0.00% No change 125 $26K
Whittier Trust Co. of Nevada Inc. 0.00% No change 117 $26K
Ashton Thomas Securities, LLC 0.00% No change 120 $25K
Thurston, Springer, Miller, Herd & Titak, Inc. 0.01% New 120 $25K
Noble Wealth Management PBC 0.01% No change 119 $25K
Paladin Advisory Group, LLC 0.02% Reduce -58.6% 113 $23K
Aptus Capital Advisors, LLC 0.00% Add +15.6% 111 $23K
Franklin Resources Inc. 0.00% New 105 $22K
Bayban 0.02% — 102 $21K
CIBC Private Wealth Group LLC 0.00% Add +160.0% 91 $19K
Geneos Wealth Management Inc. 0.00% No change 89 $18K
Atlantic Edge Private Wealth Management, LLC 0.00% No change 85 $18K
Creative Financial Designs Inc. 0.00% No change 85 $18K
Olistico Wealth, LLC 0.01% New 73 $15K
Signature Equity Partners, LLC 0.01% — 71 $15K
Triumph Capital Management 0.00% New 70 $15K
Breakwater Investment Management 0.00% No change 65 $13K
Missouri Trust & Investment Co 0.00% No change 56 $12K
Barrett & Company, Inc. 0.00% No change 54 $11K
Ameliora Wealth Management Ltd. 0.00% No change 51 $11K
Medallion Wealth Advisors, LLC 0.00% No change 50 $10K
Costello Asset Management, INC 0.00% No change 49 $10K
Duncker Streett & Co. Inc. 0.00% No change 49 $10K
Blue Bell Private Wealth Management, LLC 0.00% No change 49 $10K
Avion Wealth 0.00% No change 52 $10K
Kohmann Bosshard Financial Services, LLC 0.00% New 47 $10K
Farmers & Merchants Investments Inc. 0.00% No change 47 $10K
Blue Trust, Inc. 0.00% Add +155.6% 46 $10K
eCIO, Inc. 0.00% New 45 $9K
Monetary Management Group Inc. 0.00% New 45 $9K
Salomon & Ludwin, LLC 0.00% No change 42 $9K
Boyd Watterson Asset Management LLC 0.00% No change 42 $9K
Curio Wealth, LLC 0.00% New 40 $8K
St Germain D J Co. Inc. 0.00% No change 40 $8K
Wilmington Savings Fund Society, FSB 0.00% Reduce -86.7% 38 $8K
Nova Wealth Management, Inc. 0.01% No change 35 $7K
Founders Financial Alliance, LLC 0.00% Reduce -41.8% 32 $7K
Fortis Group Advisors, LLC 0.00% No change 31 $6K
Dogwood Wealth Management LLC 0.00% No change 29 $6K
SOA Wealth Advisors, LLC. 0.00% No change 28 $6K
CoreCap Advisors, LLC 0.00% Add +154.6% 28 $6K
HHM Wealth Advisors, LLC 0.00% No change 25 $5K
SouthState Bank Corp 0.00% No change 25 $5K
CBIZ Investment Advisory Services, LLC 0.00% New 25 $5K
Financial Connections Group, Inc. 0.00% No change 25 $5K
Elevate Wealth Advisory, Inc. 0.00% No change 24 $5K
Hilton Head Capital Partners, LLC 0.00% — 24 $5K
Ritter Daniher Financial Advisory LLC / DE 0.00% New 24 $5K
Lodestone Wealth Management LLC 0.00% New 23 $5K
National Bank of Canada 0.00% Reduce -99.8% 20 $4K
Trust Co 0.00% New 18 $4K
IFP Advisors, Inc 0.00% No change 16 $3K
Independence Bank of Kentucky 0.00% No change 14 $3K
Westfuller Advisors, LLC 0.00% No change 14 $3K
Turning Point Benefit Group, Inc. 0.00% New 13 $3K
Anfield Capital Management, LLC 0.00% No change 13 $3K
Founders Capital Management 0.00% No change 12 $2K
Caldwell Sutter Capital, Inc. 0.00% New 12 $2K
Nemes Rush Group LLC 0.00% No change 11 $2K
POM Investment Strategies, LLC 0.00% New 11 $2K
Keating Financial Advisory Services, Inc. 0.00% — 11 $2K
WealthCollab, LLC 0.00% New 7 $1K
SageView Advisory Group, LLC 0.00% New 6 $1K
Flagship Harbor Advisors, LLC 0.00% New 6 $1K
McIlrath & Eck, LLC 0.00% No change 6 $1K
Maseco LLP 0.00% New 6 $1K
Pinnacle Wealth Planning Services, Inc. 0.00% New 5 $1K
SJS Investment Consulting Inc. 0.00% New 5 $1K
Comprehensive Financial Planning, Inc. 0.00% No change 5 $1K
Federation des caisses Desjardins du Quebec 0.00% No change 2 $415
DT Investment Partners, LLC 0.00% No change 1 $211
Centennial Bank 0.00% Reduce -50.0% 1 $208
Covestor Ltd 0.00% No change 1 $0

"% of holder's portfolio" is VAW's weight in each manager's 13F, not the share of Vanguard Materials ETF the manager owns.