Syon Capital LLC Sells 2,378 Shares of Vanguard Consumer Staples ETF $VDC

Syon Capital LLC reduced its position in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 26.7% during the third quarter, Holdings Channel reports. The institutional investor owned 6,522 shares of the company’s stock after selling 2,378 shares during the quarter. Syon Capital LLC’s holdings in Vanguard Consumer Staples ETF were worth $1,394,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VDC. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Consumer Staples ETF during the 2nd quarter worth about $31,000. Root Financial Partners LLC purchased a new position in shares of Vanguard Consumer Staples ETF in the third quarter worth about $31,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Consumer Staples ETF during the second quarter worth about $33,000. Key Financial Inc boosted its position in Vanguard Consumer Staples ETF by 165.6% in the second quarter. Key Financial Inc now owns 162 shares of the company’s stock valued at $35,000 after buying an additional 101 shares during the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in Vanguard Consumer Staples ETF in the 3rd quarter worth approximately $43,000.

Vanguard Consumer Staples ETF Price Performance

VDC stock opened at $238.38 on Thursday. The firm’s fifty day simple moving average is $222.67 and its 200-day simple moving average is $218.00. The company has a market capitalization of $8.16 billion, a P/E ratio of 22.76 and a beta of 0.56. Vanguard Consumer Staples ETF has a 12 month low of $202.96 and a 12 month high of $244.00.

Vanguard Consumer Staples ETF 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.