Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sets New 52-Week High – Still a Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC – Get Free Report) shares reached a new 52-week high during trading on Friday. The stock traded as high as $244.35 and last traded at $242.3040, with a volume of 18,198 shares. The stock had previously closed at $238.89.

Vanguard Consumer Staples ETF Trading Up 1.4%

The firm has a market cap of $8.18 billion, a PE ratio of 22.76 and a beta of 0.49. The stock has a fifty day simple moving average of $228.70 and a two-hundred day simple moving average of $229.29.

Institutional Trading of Vanguard Consumer Staples ETF

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its stake in Vanguard Consumer Staples ETF by 10.9% in the 1st quarter. Bank of America Corp DE now owns 4,336,403 shares of the company’s stock worth $973,913,000 after purchasing an additional 424,605 shares in the last quarter. Compass Financial Group INC SD lifted its stake in Vanguard Consumer Staples ETF by 1.0% in the 3rd quarter. Compass Financial Group INC SD now owns 445,311 shares of the company’s stock worth $97,171,000 after purchasing an additional 4,427 shares in the last quarter. Cetera Investment Advisers increased its stake in Vanguard Consumer Staples ETF by 1.0% in the 1st quarter. Cetera Investment Advisers now owns 268,001 shares of the company’s stock worth $60,190,000 after acquiring an additional 2,656 shares during the last quarter. Ameritas Advisory Services LLC increased its position in shares of Vanguard Consumer Staples ETF by 49.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 140,086 shares of the company’s stock valued at $31,588,000 after purchasing an additional 46,307 shares during the last quarter. Finally, Royal Bank of Canada lifted its stake in Vanguard Consumer Staples ETF by 17.1% in the first quarter. Royal Bank of Canada now owns 104,743 shares of the company’s stock worth $23,524,000 after purchasing an additional 15,274 shares during the last quarter.

Vanguard Consumer Staples ETF Company Profile

(Get Free Report)

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.

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