Modern Wealth Management LLC Sells 139 Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Modern Wealth Management LLC decreased its holdings in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,033 shares of the company’s stock after selling 139 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Consumer Staples ETF were worth $226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of VDC. Wingate Wealth Advisors Inc. acquired a new position in Vanguard Consumer Staples ETF in the fourth quarter valued at about $42,000. Eastern Bank bought a new stake in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at about $50,000. Synergy Investment Management LLC acquired a new stake in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at approximately $54,000. Mainstream Capital Management LLC acquired a new stake in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at approximately $57,000. Finally, Hopwood Financial Services Inc. bought a new position in Vanguard Consumer Staples ETF during the 4th quarter worth approximately $57,000.

Vanguard Consumer Staples ETF Stock Performance

Shares of NYSEARCA:VDC opened at $215.53 on Friday. The company has a 50 day moving average price of $217.67 and a two-hundred day moving average price of $216.59. The company has a market capitalization of $7.25 billion, a PE ratio of 24.32 and a beta of 0.61. Vanguard Consumer Staples ETF has a 52 week low of $194.38 and a 52 week high of $226.64.

Vanguard Consumer Staples ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $1.1673 per share. The ex-dividend date was Tuesday, March 25th.

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).