Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 1-Year High – Still a Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $226.93 and last traded at $226.93, with a volume of 132203 shares traded. The stock had previously closed at $223.86.

Vanguard Consumer Staples ETF Trading Up 1.4%

The business has a 50 day simple moving average of $216.13 and a two-hundred day simple moving average of $216.20. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 22.76 and a beta of 0.56.

Institutional Trading of Vanguard Consumer Staples ETF

Several institutional investors have recently added to or reduced their stakes in VDC. Brighton Jones LLC bought a new stake in shares of Vanguard Consumer Staples ETF in the 4th quarter worth about $208,000. Integrated Wealth Concepts LLC increased its holdings in Vanguard Consumer Staples ETF by 11.2% in the first quarter. Integrated Wealth Concepts LLC now owns 1,957 shares of the company’s stock valued at $428,000 after buying an additional 197 shares during the last quarter. Jane Street Group LLC acquired a new stake in Vanguard Consumer Staples ETF during the first quarter valued at approximately $441,000. PFG Investments LLC bought a new position in Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $201,000. Finally, Woodward Diversified Capital LLC grew its position in shares of Vanguard Consumer Staples ETF by 103.3% in the 2nd quarter. Woodward Diversified Capital LLC now owns 5,420 shares of the company’s stock worth $1,187,000 after acquiring an additional 2,754 shares in the last quarter.

About Vanguard Consumer Staples ETF

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.