Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 12-Month High – What’s Next?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) hit a new 52-week high during mid-day trading on Friday. The company traded as high as $244.35 and last traded at $242.3040, with a volume of 18,198 shares trading hands. The stock had previously closed at $238.89.

Vanguard Consumer Staples ETF Stock Performance

The company’s fifty day simple moving average is $228.70 and its 200-day simple moving average is $229.29. The company has a market capitalization of $8.18 billion, a P/E ratio of 22.76 and a beta of 0.49.

Institutional Investors Weigh In On Vanguard Consumer Staples ETF

Large investors have recently modified their holdings of the business. Integrity Alliance LLC. acquired a new stake in shares of Vanguard Consumer Staples ETF during the third quarter worth $3,884,000. Next Level Wealth Planning LLC acquired a new position in shares of Vanguard Consumer Staples ETF in the 3rd quarter valued at $190,000. Certified Advisory Corp raised its stake in Vanguard Consumer Staples ETF by 8.1% in the 3rd quarter. Certified Advisory Corp now owns 17,034 shares of the company’s stock worth $3,717,000 after acquiring an additional 1,283 shares during the last quarter. Woodmont Investment Counsel LLC purchased a new position in Vanguard Consumer Staples ETF in the 3rd quarter worth $541,000. Finally, Vise Technologies Inc. acquired a new stake in Vanguard Consumer Staples ETF during the 3rd quarter worth about $315,000.

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.