Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sets New 52-Week High – Still a Buy?

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) shares reached a new 52-week high on Thursday . The company traded as high as $404.79 and last traded at $405.3650, with a volume of 5653 shares. The stock had previously closed at $396.88.

Vanguard Consumer Discretionary ETF Stock Down 0.2%

The firm has a market capitalization of $6.55 billion, a PE ratio of 25.44 and a beta of 1.27. The business has a 50-day moving average price of $389.93 and a 200-day moving average price of $381.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VCR. Kingstone Capital Partners Texas LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 2nd quarter worth approximately $135,415,000. Beacon Capital Management Inc. grew its position in shares of Vanguard Consumer Discretionary ETF by 202.6% during the second quarter. Beacon Capital Management Inc. now owns 341,169 shares of the company’s stock worth $123,612,000 after buying an additional 228,426 shares in the last quarter. PGIM Custom Harvest LLC increased its stake in shares of Vanguard Consumer Discretionary ETF by 22.2% in the second quarter. PGIM Custom Harvest LLC now owns 366,911 shares of the company’s stock worth $132,939,000 after buying an additional 66,554 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard Consumer Discretionary ETF by 1,520.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 58,757 shares of the company’s stock worth $23,277,000 after buying an additional 55,131 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in Vanguard Consumer Discretionary ETF by 76.5% in the third quarter. Lido Advisors LLC now owns 76,776 shares of the company’s stock valued at $30,415,000 after acquiring an additional 33,279 shares in the last quarter.

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.