Richmond Brothers Inc. Decreases Stake in Vanguard Consumer Discretionary ETF $VCR

Richmond Brothers Inc. cut its holdings in shares of Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,071 shares of the company’s stock after selling 1,601 shares during the quarter. Vanguard Consumer Discretionary ETF makes up about 4.3% of Richmond Brothers Inc.’s investment portfolio, making the stock its 9th biggest position. Richmond Brothers Inc. owned about 0.11% of Vanguard Consumer Discretionary ETF worth $6,724,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signature Resources Capital Management LLC bought a new stake in shares of Vanguard Consumer Discretionary ETF in the fourth quarter worth about $26,000. Root Financial Partners LLC increased its holdings in shares of Vanguard Consumer Discretionary ETF by 270.0% in the fourth quarter. Root Financial Partners LLC now owns 74 shares of the company’s stock worth $29,000 after purchasing an additional 54 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Vanguard Consumer Discretionary ETF in the fourth quarter worth about $35,000. EQ Wealth Advisors LLC bought a new stake in shares of Vanguard Consumer Discretionary ETF in the fourth quarter worth about $39,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Vanguard Consumer Discretionary ETF in the fourth quarter worth about $49,000.

Vanguard Consumer Discretionary ETF Trading Up 2.7%

Shares of VCR stock opened at $391.99 on Friday. Vanguard Consumer Discretionary ETF has a 12-month low of $346.48 and a 12-month high of $414.28. The stock’s 50-day moving average price is $387.37 and its 200-day moving average price is $388.49. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 25.44 and a beta of 1.24.

Vanguard Consumer Discretionary ETF Profile

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.