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

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) shares saw an uptick in trading volume on Friday . 96,855 shares were traded during trading, an increase of 95% from the previous session’s volume of 49,742 shares.The stock last traded at $365.00 and had previously closed at $365.93.

Vanguard Consumer Discretionary ETF Price Performance

The stock has a fifty day simple moving average of $392.23 and a two-hundred day simple moving average of $392.12. The firm has a market capitalization of $5.85 billion, a P/E ratio of 25.44 and a beta of 1.27.

Institutional Trading of Vanguard Consumer Discretionary ETF

Hedge funds have recently modified their holdings of the stock. World Investment Advisors boosted its stake in Vanguard Consumer Discretionary ETF by 129.0% during the fourth quarter. World Investment Advisors now owns 3,738 shares of the company’s stock worth $1,473,000 after acquiring an additional 2,106 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Consumer Discretionary ETF by 339.3% in the fourth quarter. Corient Private Wealth LLC now owns 19,233 shares of the company’s stock worth $7,577,000 after purchasing an additional 14,855 shares during the period. Auto Owners Insurance Co increased its stake in Vanguard Consumer Discretionary ETF by 45,402.3% in the fourth quarter. Auto Owners Insurance Co now owns 36,720,324 shares of the company’s stock valued at $14,464,870,000 after purchasing an additional 36,639,624 shares in the last quarter. SHP Wealth Management bought a new stake in Vanguard Consumer Discretionary ETF in the fourth quarter valued at $84,000. Finally, Southern Capital Services Inc. ADV acquired a new position in shares of Vanguard Consumer Discretionary ETF during the fourth quarter valued at about $8,362,000.

About Vanguard Consumer Discretionary ETF

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). Its manufacturing segment includes industries, such as automotive, household durable goods, textiles and apparels, and leisure equipment.