Envestnet Asset Management Inc. Decreases Stock Position in Vanguard Consumer Staples ETF $VDC

Envestnet Asset Management Inc. lessened its stake in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 8.4% in the 3rd quarter, Holdings Channel reports. The firm owned 335,618 shares of the company’s stock after selling 30,965 shares during the period. Envestnet Asset Management Inc.’s holdings in Vanguard Consumer Staples ETF were worth $71,732,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VDC. Bank of America Corp DE lifted its position in shares of Vanguard Consumer Staples ETF by 1.7% in the second quarter. Bank of America Corp DE now owns 4,015,657 shares of the company’s stock worth $879,429,000 after buying an additional 65,341 shares in the last quarter. Beacon Capital Management Inc. increased its stake in Vanguard Consumer Staples ETF by 194.7% in the 2nd quarter. Beacon Capital Management Inc. now owns 567,968 shares of the company’s stock worth $124,385,000 after acquiring an additional 375,243 shares during the last quarter. PGIM Custom Harvest LLC raised its holdings in shares of Vanguard Consumer Staples ETF by 24.4% during the 2nd quarter. PGIM Custom Harvest LLC now owns 445,234 shares of the company’s stock worth $97,506,000 after acquiring an additional 87,452 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of Vanguard Consumer Staples ETF by 39,618.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 268,494 shares of the company’s stock valued at $58,800,000 after acquiring an additional 267,818 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Vanguard Consumer Staples ETF by 7.9% in the second quarter. Ameriprise Financial Inc. now owns 210,241 shares of the company’s stock valued at $46,073,000 after purchasing an additional 15,336 shares in the last quarter.

Vanguard Consumer Staples ETF Stock Performance

Shares of VDC opened at $239.32 on Monday. The stock has a market capitalization of $8.20 billion, a PE ratio of 22.76 and a beta of 0.56. The company’s fifty day moving average is $218.57 and its 200 day moving average is $216.80. Vanguard Consumer Staples ETF has a fifty-two week low of $202.96 and a fifty-two week high of $239.68.

Vanguard Consumer Staples ETF Profile

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.