Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 1-Year High – Time to Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $244.10 and last traded at $243.96, with a volume of 90062 shares traded. The stock had previously closed at $240.89.

Vanguard Consumer Staples ETF Trading Up 1.2%

The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 22.76 and a beta of 0.56. The firm has a 50 day moving average price of $225.65 and a two-hundred day moving average price of $218.86.

Institutional Investors Weigh In On Vanguard Consumer Staples ETF

Large investors have recently made changes to their positions in the business. Curio Wealth LLC acquired a new position in shares of Vanguard Consumer Staples ETF during the 4th quarter valued at $27,000. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Consumer Staples ETF in the 2nd quarter valued at $31,000. Root Financial Partners LLC purchased a new position in Vanguard Consumer Staples ETF in the third quarter valued at about $31,000. Godfrey Financial Associates Inc. acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter worth about $31,000. Finally, UMB Bank n.a. purchased a new stake in shares of Vanguard Consumer Staples ETF in the fourth quarter worth about $31,000.

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). 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.