Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sees Large Volume Increase – Still a Buy?

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) saw unusually-strong trading volume on Tuesday . Approximately 240,110 shares were traded during mid-day trading, an increase of 254% from the previous session’s volume of 67,763 shares.The stock last traded at $358.80 and had previously closed at $356.81.

Vanguard Consumer Discretionary ETF Trading Up 1.0%

The firm has a fifty day moving average of $332.97 and a 200 day moving average of $356.39. The company has a market capitalization of $5.89 billion, a P/E ratio of 24.71 and a beta of 1.31.

Hedge Funds Weigh In On Vanguard Consumer Discretionary ETF

A number of institutional investors have recently bought and sold shares of the stock. Wealthfront Advisers LLC lifted its position in shares of Vanguard Consumer Discretionary ETF by 228,132.9% in the fourth quarter. Wealthfront Advisers LLC now owns 5,566,600 shares of the company’s stock valued at $2,089,590,000 after acquiring an additional 5,564,161 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Consumer Discretionary ETF by 6.9% in the 1st quarter. JPMorgan Chase & Co. now owns 518,193 shares of the company’s stock worth $168,677,000 after purchasing an additional 33,356 shares during the period. Calton & Associates Inc. grew its holdings in Vanguard Consumer Discretionary ETF by 68,585.8% during the 1st quarter. Calton & Associates Inc. now owns 371,590 shares of the company’s stock valued at $120,956,000 after buying an additional 371,049 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Consumer Discretionary ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 335,007 shares of the company’s stock worth $125,755,000 after buying an additional 11,299 shares in the last quarter. Finally, PGIM Custom Harvest LLC lifted its holdings in shares of Vanguard Consumer Discretionary ETF by 0.3% in the first quarter. PGIM Custom Harvest LLC now owns 300,357 shares of the company’s stock worth $97,769,000 after buying an additional 980 shares in the last quarter.

Vanguard Consumer Discretionary ETF Company Profile

Vanguard Consumer Discretionary ETF is an exchange-traded share class of Vanguard Consumer Discretionary Index Fund. It employs investment approach designed to track the performance of the Morgan Stanley Capital International United States Investable Market Consumer Discretionary Index, an Index of stocks of large, medium, and small United States companies in the consumer discretionary sector, as classified under the Global Industry Classification Standard (GICS).