Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) saw unusually-strong trading volume on Wednesday. Approximately 123,475 shares changed hands during mid-day trading, an increase of 115% from the previous session’s volume of 57,505 shares. The stock last traded at $371.5920 and had previously closed at $376.51.

Vanguard Consumer Discretionary ETF Trading Up 1.8%

The stock’s 50-day moving average is $382.67 and its 200-day moving average is $386.22. The firm has a market capitalization of $5.85 billion, a price-to-earnings ratio of 25.44 and a beta of 1.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Auto Owners Insurance Co increased its holdings in Vanguard Consumer Discretionary ETF by 45,402.3% in the fourth quarter. Auto Owners Insurance Co now owns 36,720,324 shares of the company’s stock valued at $14,464,870,000 after purchasing an additional 36,639,624 shares during the period. Bank of America Corp DE boosted its position in Vanguard Consumer Discretionary ETF by 4.0% during the first quarter. Bank of America Corp DE now owns 1,554,750 shares of the company’s stock valued at $558,202,000 after acquiring an additional 59,163 shares during the last quarter. Ameritas Advisory Services LLC boosted its position in Vanguard Consumer Discretionary ETF by 45.5% during the second quarter. Ameritas Advisory Services LLC now owns 70,445 shares of the company’s stock valued at $27,939,000 after acquiring an additional 22,027 shares during the last quarter. Southern Capital Services Inc. ADV bought a new stake in shares of Vanguard Consumer Discretionary ETF during the 4th quarter valued at about $8,362,000. Finally, Assetmark Inc. boosted its holdings in shares of Vanguard Consumer Discretionary ETF by 72.0% during the 1st quarter. Assetmark Inc. now owns 44,759 shares of the company’s stock worth $16,070,000 after buying an additional 18,737 shares in the last quarter.

Vanguard Consumer Discretionary ETF Company Profile

Vanguard Consumer Discretionary ETF is an exchange-traded share class of Vanguard Consumer Discretionary Index Fund. It employs investment approach designed to track the performance of the Morgan Stanley Capital International United States Investable Market Consumer Discretionary Index, an Index of stocks of large, medium, and small United States companies in the consumer discretionary sector, as classified under the Global Industry Classification Standard (GICS). Its manufacturing segment includes industries, such as automotive, household durable goods, textiles and apparels, and leisure equipment.