Congress Wealth Management LLC DE Trims Stock Holdings in Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Congress Wealth Management LLC DE cut its holdings in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 63.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,436 shares of the company’s stock after selling 11,078 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vanguard Consumer Staples ETF were worth $1,361,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. LPL Financial LLC increased its position in shares of Vanguard Consumer Staples ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 703,664 shares of the company’s stock worth $148,741,000 after purchasing an additional 15,084 shares during the last quarter. One Charles Private Wealth Services LLC increased its holdings in Vanguard Consumer Staples ETF by 2.5% in the fourth quarter. One Charles Private Wealth Services LLC now owns 6,569 shares of the company’s stock valued at $1,389,000 after buying an additional 159 shares during the last quarter. Richmond Brothers Inc. raised its stake in Vanguard Consumer Staples ETF by 14.3% during the fourth quarter. Richmond Brothers Inc. now owns 33,928 shares of the company’s stock valued at $7,171,000 after buying an additional 4,234 shares in the last quarter. Tocqueville Asset Management L.P. lifted its holdings in Vanguard Consumer Staples ETF by 32.0% during the 4th quarter. Tocqueville Asset Management L.P. now owns 25,453 shares of the company’s stock worth $5,380,000 after buying an additional 6,173 shares during the last quarter. Finally, Arrien Investments Inc. acquired a new position in shares of Vanguard Consumer Staples ETF in the 4th quarter worth approximately $1,422,000.

Vanguard Consumer Staples ETF Trading Up 1.1 %

VDC stock opened at $216.66 on Friday. The firm has a market cap of $7.29 billion, a P/E ratio of 24.32 and a beta of 0.61. The stock’s 50 day simple moving average is $217.55 and its 200 day simple moving average is $216.61. Vanguard Consumer Staples ETF has a 12-month low of $194.38 and a 12-month high of $226.64.

Vanguard Consumer Staples ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $1.1673 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Consumer Staples ETF

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).