Truist Financial Corp Sells 44,396 Shares of Vanguard Consumer Staples ETF $VDC

Truist Financial Corp reduced its stake in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 57.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 33,361 shares of the company’s stock after selling 44,396 shares during the quarter. Truist Financial Corp owned 0.10% of Vanguard Consumer Staples ETF worth $7,130,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $31,000. Root Financial Partners LLC bought a new stake in Vanguard Consumer Staples ETF during the third quarter worth $31,000. Crewe Advisors LLC bought a new stake in Vanguard Consumer Staples ETF during the second quarter worth $33,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Consumer Staples ETF in the 2nd quarter valued at $33,000. Finally, Key Financial Inc raised its holdings in shares of Vanguard Consumer Staples ETF by 165.6% during the 2nd quarter. Key Financial Inc now owns 162 shares of the company’s stock worth $35,000 after buying an additional 101 shares in the last quarter.

Vanguard Consumer Staples ETF Stock Up 1.4%

Shares of VDC stock opened at $230.05 on Tuesday. The business has a fifty day simple moving average of $216.84 and a 200 day simple moving average of $216.33. The company has a market cap of $7.88 billion, a P/E ratio of 22.76 and a beta of 0.56. Vanguard Consumer Staples ETF has a twelve month low of $202.96 and a twelve month high of $230.43.

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.