Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sees Large Volume Increase – Should You Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw unusually-strong trading volume on Tuesday . Approximately 210,165 shares changed hands during mid-day trading, an increase of 71% from the previous session’s volume of 122,705 shares.The stock last traded at $224.48 and had previously closed at $225.31.

Vanguard Consumer Staples ETF Price Performance

The firm has a 50-day simple moving average of $215.33 and a 200-day simple moving average of $216.67. The firm has a market capitalization of $7.34 billion, a PE ratio of 25.29 and a beta of 0.64.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Several institutional investors have recently bought and sold shares of the stock. Park Square Financial Group LLC purchased a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter worth approximately $330,000. Ameriflex Group Inc. acquired a new stake in Vanguard Consumer Staples ETF in the 4th quarter worth approximately $42,000. Vermillion Wealth Management Inc. purchased a new stake in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at $97,000. Sunbelt Securities Inc. raised its stake in shares of Vanguard Consumer Staples ETF by 3,260.0% in the fourth quarter. Sunbelt Securities Inc. now owns 168 shares of the company’s stock worth $36,000 after purchasing an additional 163 shares during the last quarter. Finally, Fourth Dimension Wealth LLC acquired a new stake in Vanguard Consumer Staples ETF during the 4th quarter valued at approximately $134,000.

Vanguard Consumer Staples ETF Company Profile

Vanguard Consumer Staples ETF (the Fund) is an exchange-traded share class of Vanguard Consumer Staples Index Fund, which seeks to track the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the consumer staples sector, as classified under the Global Industry Classification Standard (GICS).