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

Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC – Get Free Report) reached a new 52-week high during trading on Thursday. The stock traded as high as $252.80 and last traded at $252.9750, with a volume of 16,234 shares. The stock had previously closed at $249.94.

Vanguard Consumer Staples ETF Trading Down 0.3%

The stock has a market capitalization of $8.42 billion, a P/E ratio of 22.76 and a beta of 0.47. The stock’s fifty day moving average price is $229.70 and its two-hundred day moving average price is $229.77.

Institutional Trading of Vanguard Consumer Staples ETF

Several hedge funds have recently added to or reduced their stakes in VDC. NWF Advisory Services Inc. boosted its position in Vanguard Consumer Staples ETF by 1.9% during the first quarter. NWF Advisory Services Inc. now owns 2,463 shares of the company’s stock valued at $553,000 after buying an additional 45 shares during the period. Arkadios Wealth Advisors grew its stake in shares of Vanguard Consumer Staples ETF by 0.4% during the first quarter. Arkadios Wealth Advisors now owns 12,891 shares of the company’s stock valued at $2,895,000 after buying an additional 46 shares during the last quarter. Lake Street Private Wealth LLC increased its holdings in shares of Vanguard Consumer Staples ETF by 3.6% in the third quarter. Lake Street Private Wealth LLC now owns 1,374 shares of the company’s stock worth $300,000 after buying an additional 48 shares during the period. IFP Advisors Inc increased its holdings in shares of Vanguard Consumer Staples ETF by 2.9% in the second quarter. IFP Advisors Inc now owns 1,750 shares of the company’s stock worth $395,000 after buying an additional 49 shares during the period. Finally, Avion Wealth increased its holdings in shares of Vanguard Consumer Staples ETF by 11.2% in the first quarter. Avion Wealth now owns 525 shares of the company’s stock worth $117,000 after buying an additional 53 shares during the period.

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.

Further Reading

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