Vanguard Consumer Staples ETF (NYSEARCA:VDC) Reaches New 12-Month High – Here’s What Happened

Vanguard Consumer Staples ETF (NYSEARCA:VDC) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $239.87 and last traded at $239.0490, with a volume of 108584 shares. The stock had previously closed at $235.81.

Vanguard Consumer Staples ETF Trading Up 0.3%

The stock has a market cap of $8.31 billion, a P/E ratio of 22.76 and a beta of 0.56. The firm’s fifty day moving average is $221.01 and its 200 day moving average is $217.53.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Large investors have recently made changes to their positions in the business. Bank of America Corp DE increased its position in Vanguard Consumer Staples ETF by 1.7% in the 2nd quarter. Bank of America Corp DE now owns 4,015,657 shares of the company’s stock worth $879,429,000 after buying an additional 65,341 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Consumer Staples ETF by 3.7% in the fourth quarter. LPL Financial LLC now owns 874,979 shares of the company’s stock worth $184,830,000 after acquiring an additional 31,343 shares during the last quarter. Morgan Stanley grew its stake in shares of Vanguard Consumer Staples ETF by 12.5% in the fourth quarter. Morgan Stanley now owns 637,725 shares of the company’s stock worth $134,714,000 after acquiring an additional 70,909 shares during the last quarter. Beacon Capital Management Inc. increased its position in Vanguard Consumer Staples ETF by 194.7% during the second quarter. Beacon Capital Management Inc. now owns 567,968 shares of the company’s stock worth $124,385,000 after acquiring an additional 375,243 shares during the period. Finally, PGIM Custom Harvest LLC boosted its holdings in Vanguard Consumer Staples ETF by 24.4% in the 2nd quarter. PGIM Custom Harvest LLC now owns 445,234 shares of the company’s stock valued at $97,506,000 after purchasing an additional 87,452 shares during the period.

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.