Nomura Asset Management Co. Ltd. Lowers Stake in Vanguard Consumer Staples ETF $VDC

Nomura Asset Management Co. Ltd. lowered its stake in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 56.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,000 shares of the company’s stock after selling 9,117 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Vanguard Consumer Staples ETF were worth $1,479,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VDC. Brighton Jones LLC purchased a new stake in Vanguard Consumer Staples ETF during the fourth quarter worth $208,000. Integrated Wealth Concepts LLC increased its position in shares of Vanguard Consumer Staples ETF by 11.2% during the first quarter. Integrated Wealth Concepts LLC now owns 1,957 shares of the company’s stock worth $428,000 after purchasing an additional 197 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Vanguard Consumer Staples ETF during the first quarter worth $441,000. Marshall Wace LLP acquired a new position in shares of Vanguard Consumer Staples ETF during the second quarter worth $1,667,000. Finally, NewEdge Advisors LLC increased its position in shares of Vanguard Consumer Staples ETF by 23.3% during the second quarter. NewEdge Advisors LLC now owns 11,683 shares of the company’s stock worth $2,558,000 after purchasing an additional 2,204 shares in the last quarter.

Vanguard Consumer Staples ETF Trading Up 1.7%

Shares of VDC stock opened at $225.75 on Friday. The business’s fifty day simple moving average is $227.19 and its 200-day simple moving average is $224.81. The company has a market cap of $7.93 billion, a PE ratio of 22.76 and a beta of 0.50. Vanguard Consumer Staples ETF has a 12-month low of $205.45 and a 12-month high of $244.33.

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.