Redstone Wealth Management LLC Acquires Shares of 20,770 Vanguard Consumer Staples ETF $VDC

Redstone Wealth Management LLC acquired a new stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,770 shares of the company’s stock, valued at approximately $4,387,000. Vanguard Consumer Staples ETF comprises approximately 3.5% of Redstone Wealth Management LLC’s holdings, making the stock its 9th largest position. Redstone Wealth Management LLC owned approximately 0.06% of Vanguard Consumer Staples ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VDC. Curran Financial Partners LLC grew its holdings in Vanguard Consumer Staples ETF by 0.4% during the 4th quarter. Curran Financial Partners LLC now owns 11,954 shares of the company’s stock worth $2,525,000 after acquiring an additional 51 shares in the last quarter. Axiom Financial Strategies LLC grew its holdings in Vanguard Consumer Staples ETF by 1.2% during the 4th quarter. Axiom Financial Strategies LLC now owns 4,383 shares of the company’s stock worth $926,000 after acquiring an additional 52 shares in the last quarter. Meritage Portfolio Management grew its holdings in Vanguard Consumer Staples ETF by 2.1% during the 4th quarter. Meritage Portfolio Management now owns 2,683 shares of the company’s stock worth $567,000 after acquiring an additional 54 shares in the last quarter. Conservest Capital Advisors Inc. grew its holdings in Vanguard Consumer Staples ETF by 0.4% during the 3rd quarter. Conservest Capital Advisors Inc. now owns 12,292 shares of the company’s stock worth $2,627,000 after acquiring an additional 54 shares in the last quarter. Finally, Safeguard Investment Advisory Group LLC grew its holdings in Vanguard Consumer Staples ETF by 1.1% during the 3rd quarter. Safeguard Investment Advisory Group LLC now owns 5,208 shares of the company’s stock worth $1,113,000 after acquiring an additional 56 shares in the last quarter.

Vanguard Consumer Staples ETF Price Performance

Shares of VDC stock opened at $229.69 on Monday. The firm has a market cap of $8.07 billion, a P/E ratio of 22.76 and a beta of 0.52. Vanguard Consumer Staples ETF has a 1-year low of $205.45 and a 1-year high of $244.33. The firm has a fifty day moving average of $227.44 and a two-hundred day moving average of $223.82.

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.