Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sees Large Volume Increase – What’s Next?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw an uptick in trading volume on Tuesday . 522,355 shares traded hands during mid-day trading, an increase of 160% from the previous session’s volume of 200,573 shares.The stock last traded at $234.31 and had previously closed at $233.42.

Vanguard Consumer Staples ETF Price Performance

The stock has a 50 day simple moving average of $229.09 and a 200-day simple moving average of $219.50. The firm has a market cap of $8.04 billion, a PE ratio of 22.76 and a beta of 0.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Curio Wealth LLC purchased a new stake in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $27,000. Atlantic Union Bankshares Corp purchased a new position in Vanguard Consumer Staples ETF in the 2nd quarter worth approximately $31,000. Root Financial Partners LLC bought a new position in Vanguard Consumer Staples ETF in the 3rd quarter valued at approximately $31,000. Godfrey Financial Associates Inc. bought a new position in Vanguard Consumer Staples ETF during the 4th quarter valued at about $31,000. Finally, UMB Bank n.a. purchased a new stake in shares of Vanguard Consumer Staples ETF during the 4th quarter valued at about $31,000.

Vanguard Consumer Staples ETF Company 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.