Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sees Large Volume Increase – Here’s Why

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw an uptick in trading volume on Wednesday . 453,026 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 176,911 shares.The stock last traded at $225.49 and had previously closed at $225.49.

Vanguard Consumer Staples ETF Trading Down 0.1%

The stock’s 50-day moving average price is $228.40 and its two-hundred day moving average price is $226.78. The stock has a market capitalization of $7.91 billion, a P/E ratio of 22.76 and a beta of 0.50.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Several institutional investors have recently bought and sold shares of the company. Prime Capital Investment Advisors LLC raised its position in Vanguard Consumer Staples ETF by 94.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,701 shares of the company’s stock valued at $1,627,000 after purchasing an additional 3,739 shares in the last quarter. Lighthouse Financial Services Inc. ADV purchased a new position in shares of Vanguard Consumer Staples ETF in the 4th quarter worth about $7,580,000. Hippocratic Financial Advisors LLC increased its position in shares of Vanguard Consumer Staples ETF by 17.7% during the 4th quarter. Hippocratic Financial Advisors LLC now owns 24,644 shares of the company’s stock valued at $5,206,000 after purchasing an additional 3,714 shares during the last quarter. TrueWealth Financial Partners increased its position in shares of Vanguard Consumer Staples ETF by 100.0% during the 3rd quarter. TrueWealth Financial Partners now owns 35,807 shares of the company’s stock valued at $7,653,000 after purchasing an additional 17,903 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in shares of Vanguard Consumer Staples ETF by 9.7% during the 4th quarter. Apollon Wealth Management LLC now owns 72,921 shares of the company’s stock valued at $15,404,000 after buying an additional 6,440 shares in the last quarter.

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.