Avidian Wealth Solutions LLC Acquires Shares of 1,294 Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Avidian Wealth Solutions LLC acquired a new position in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,294 shares of the company’s stock, valued at approximately $247,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in Vanguard Consumer Staples ETF by 127.1% in the third quarter. Envestnet Asset Management Inc. now owns 631,623 shares of the company’s stock worth $115,379,000 after purchasing an additional 353,453 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Consumer Staples ETF by 21.3% in the 3rd quarter. LPL Financial LLC now owns 627,629 shares of the company’s stock worth $114,649,000 after buying an additional 110,317 shares during the period. International Assets Investment Management LLC bought a new position in shares of Vanguard Consumer Staples ETF in the 4th quarter worth about $19,035,000. Blackston Financial Advisory Group LLC purchased a new position in Vanguard Consumer Staples ETF during the 4th quarter valued at about $9,906,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Vanguard Consumer Staples ETF during the 3rd quarter valued at about $8,051,000.

Vanguard Consumer Staples ETF Stock Performance

Shares of VDC opened at $202.42 on Tuesday. Vanguard Consumer Staples ETF has a fifty-two week low of $172.75 and a fifty-two week high of $204.80. The firm’s 50-day simple moving average is $200.27 and its two-hundred day simple moving average is $192.84. The stock has a market cap of $6.57 billion, a PE ratio of 25.58 and a beta of 0.48.

Vanguard Consumer Staples ETF 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).