Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 52-Week High – Still a Buy?

Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $252.80 and last traded at $252.9750, with a volume of 16,234 shares. The stock had previously closed at $249.94.

Vanguard Consumer Staples ETF Price Performance

The company has a 50-day moving average price of $230.34 and a 200 day moving average price of $230.00. The firm has a market capitalization of $8.20 billion, a PE ratio of 22.76 and a beta of 0.47.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Y Intercept Hong Kong Ltd bought a new position in shares of Vanguard Consumer Staples ETF during the first quarter worth $1,673,000. Bank of America Corp DE grew its stake in Vanguard Consumer Staples ETF by 10.9% during the first quarter. Bank of America Corp DE now owns 4,336,403 shares of the company’s stock valued at $973,913,000 after acquiring an additional 424,605 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Vanguard Consumer Staples ETF by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 16,638 shares of the company’s stock valued at $3,737,000 after acquiring an additional 3,137 shares during the last quarter. Ameritas Advisory Services LLC increased its holdings in Vanguard Consumer Staples ETF by 49.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 140,086 shares of the company’s stock valued at $31,588,000 after acquiring an additional 46,307 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Vanguard Consumer Staples ETF by 42.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,887 shares of the company’s stock worth $1,939,000 after purchasing an additional 2,628 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.