Envestnet Portfolio Solutions Inc. Has $5.62 Million Holdings in Vanguard Consumer Staples ETF $VDC

Envestnet Portfolio Solutions Inc. cut its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 29.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,682 shares of the company’s stock after selling 10,714 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.07% of Vanguard Consumer Staples ETF worth $5,624,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. MGO One Seven LLC raised its holdings in shares of Vanguard Consumer Staples ETF by 502.9% in the 2nd quarter. MGO One Seven LLC now owns 6,361 shares of the company’s stock worth $1,393,000 after buying an additional 5,306 shares in the last quarter. Meritage Portfolio Management increased its holdings in Vanguard Consumer Staples ETF by 12.3% during the 2nd quarter. Meritage Portfolio Management now owns 2,623 shares of the company’s stock valued at $574,000 after purchasing an additional 288 shares in the last quarter. Apollon Financial LLC increased its holdings in Vanguard Consumer Staples ETF by 0.5% during the 2nd quarter. Apollon Financial LLC now owns 11,081 shares of the company’s stock valued at $2,427,000 after purchasing an additional 51 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Vanguard Consumer Staples ETF by 5.4% during the 2nd quarter. Apollon Wealth Management LLC now owns 65,162 shares of the company’s stock valued at $14,270,000 after purchasing an additional 3,318 shares in the last quarter. Finally, Blue Trust Inc. acquired a new stake in Vanguard Consumer Staples ETF during the 2nd quarter valued at $66,000.

Vanguard Consumer Staples ETF Price Performance

VDC stock opened at $215.87 on Wednesday. The business has a fifty day moving average price of $217.92 and a 200 day moving average price of $218.62. Vanguard Consumer Staples ETF has a fifty-two week low of $202.96 and a fifty-two week high of $226.73. The stock has a market capitalization of $7.31 billion, a price-to-earnings ratio of 22.76 and a beta of 0.60.

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).