Northwestern Mutual Wealth Management Co. Trims Stock Holdings in Vanguard Consumer Staples ETF $VDC

Northwestern Mutual Wealth Management Co. lowered its position in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 88.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,862 shares of the company’s stock after selling 127,697 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Consumer Staples ETF were worth $3,562,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Avantax Planning Partners Inc. lifted its stake in Vanguard Consumer Staples ETF by 62.3% in the third quarter. Avantax Planning Partners Inc. now owns 7,167 shares of the company’s stock valued at $1,532,000 after buying an additional 2,750 shares during the last quarter. Hippocratic Financial Advisors LLC lifted its stake in Vanguard Consumer Staples ETF by 17.7% in the fourth quarter. Hippocratic Financial Advisors LLC now owns 24,644 shares of the company’s stock valued at $5,206,000 after buying an additional 3,714 shares during the last quarter. Apollon Wealth Management LLC lifted its stake in Vanguard Consumer Staples ETF by 9.7% in the fourth quarter. Apollon Wealth Management LLC now owns 72,921 shares of the company’s stock valued at $15,404,000 after buying an additional 6,440 shares during the last quarter. TrueWealth Financial Partners lifted its stake in Vanguard Consumer Staples ETF by 100.0% in the third quarter. TrueWealth Financial Partners now owns 35,807 shares of the company’s stock valued at $7,653,000 after buying an additional 17,903 shares during the last quarter. Finally, Calder Financial LLC purchased a new stake in Vanguard Consumer Staples ETF in the fourth quarter valued at approximately $1,936,000.

Vanguard Consumer Staples ETF Stock Performance

NYSEARCA:VDC 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. The stock’s 50 day simple moving average is $227.44 and its 200-day simple moving average is $223.82. Vanguard Consumer Staples ETF has a 12-month low of $205.45 and a 12-month high of $244.33.

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.