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

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw unusually-strong trading volume on Wednesday . Approximately 453,026 shares changed hands during trading, an increase of 156% from the previous session’s volume of 176,911 shares.The stock last traded at $225.49 and had previously closed at $225.49.

Vanguard Consumer Staples ETF Stock Performance

The business has a 50-day simple moving average of $228.48 and a 200-day simple moving average of $226.96. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 22.76 and a beta of 0.50.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Lighthouse Financial Services Inc. ADV purchased a new stake in Vanguard Consumer Staples ETF during the 4th quarter worth about $7,580,000. Prime Capital Investment Advisors LLC increased its holdings in shares of Vanguard Consumer Staples ETF by 94.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 7,701 shares of the company’s stock valued at $1,627,000 after acquiring an additional 3,739 shares during the last quarter. Hippocratic Financial Advisors LLC raised its position in shares of Vanguard Consumer Staples ETF by 17.7% during the 4th quarter. Hippocratic Financial Advisors LLC now owns 24,644 shares of the company’s stock worth $5,206,000 after acquiring an additional 3,714 shares in the last quarter. Apollon Wealth Management LLC raised its position in shares of Vanguard Consumer Staples ETF by 9.7% during the 4th quarter. Apollon Wealth Management LLC now owns 72,921 shares of the company’s stock worth $15,404,000 after acquiring an additional 6,440 shares in the last quarter. Finally, TrueWealth Financial Partners raised its position in shares of Vanguard Consumer Staples ETF by 100.0% during the 3rd quarter. TrueWealth Financial Partners now owns 35,807 shares of the company’s stock worth $7,653,000 after acquiring an additional 17,903 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.