Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 1-Year High – What’s Next?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) shares hit a new 52-week high on Friday . The company traded as high as $226.93 and last traded at $226.93, with a volume of 132203 shares changing hands. The stock had previously closed at $223.86.

Vanguard Consumer Staples ETF Price Performance

The company’s 50-day moving average price is $216.43 and its 200-day moving average price is $216.26. The company has a market cap of $7.77 billion, a P/E ratio of 22.76 and a beta of 0.56.

Institutional Trading of Vanguard Consumer Staples ETF

Several hedge funds and other institutional investors have recently modified their holdings of VDC. Atlantic Union Bankshares Corp bought a new position in shares of Vanguard Consumer Staples ETF during the second quarter worth about $31,000. Root Financial Partners LLC bought a new stake in Vanguard Consumer Staples ETF in the 3rd quarter valued at approximately $31,000. Crewe Advisors LLC acquired a new position in Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $33,000. St. Johns Investment Management Company LLC acquired a new position in Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $33,000. Finally, Key Financial Inc grew its stake in shares of Vanguard Consumer Staples ETF by 165.6% during the 2nd quarter. Key Financial Inc now owns 162 shares of the company’s stock worth $35,000 after acquiring an additional 101 shares in the last quarter.

About Vanguard Consumer Staples ETF

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.