Redstone Wealth Management LLC Makes New $4.39 Million Investment in Vanguard Consumer Staples ETF $VDC

Redstone Wealth Management LLC acquired a new position in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 20,770 shares of the company’s stock, valued at approximately $4,387,000. Vanguard Consumer Staples ETF comprises approximately 3.5% of Redstone Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new position in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at about $208,000. Integrated Wealth Concepts LLC boosted its holdings in shares of Vanguard Consumer Staples ETF by 11.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,957 shares of the company’s stock valued at $428,000 after buying an additional 197 shares during the period. Jane Street Group LLC acquired a new position in shares of Vanguard Consumer Staples ETF in the 1st quarter valued at about $441,000. Marshall Wace LLP acquired a new position in shares of Vanguard Consumer Staples ETF in the 2nd quarter valued at about $1,667,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Vanguard Consumer Staples ETF by 23.3% in the 2nd quarter. NewEdge Advisors LLC now owns 11,683 shares of the company’s stock valued at $2,558,000 after buying an additional 2,204 shares during the period.

Vanguard Consumer Staples ETF Stock Performance

NYSEARCA VDC opened at $229.69 on Monday. Vanguard Consumer Staples ETF has a one year low of $205.45 and a one year high of $244.33. The company has a 50-day simple moving average of $227.44 and a 200-day simple moving average of $223.82. The firm has a market capitalization of $8.07 billion, a PE ratio of 22.76 and a beta of 0.52.

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). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.