Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sees Strong Trading Volume – Still a Buy?

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) saw strong trading volume on Thursday. 200,031 shares traded hands during trading, an increase of 240% from the average daily volume of 58,781 shares. The stock last traded at $390.0310 and had previously closed at $408.23.

Vanguard Consumer Discretionary ETF Trading Down 4.0%

The firm has a market capitalization of $6.04 billion, a P/E ratio of 25.44 and a beta of 1.24. The stock has a 50 day simple moving average of $379.82 and a 200-day simple moving average of $385.51.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Evanson Financial LLC bought a new stake in Vanguard Consumer Discretionary ETF during the second quarter valued at about $1,742,000. First Bancorp Inc ME bought a new position in Vanguard Consumer Discretionary ETF in the second quarter worth about $1,997,000. Lido Advisors LLC lifted its position in shares of Vanguard Consumer Discretionary ETF by 6.2% during the first quarter. Lido Advisors LLC now owns 88,180 shares of the company’s stock valued at $31,660,000 after buying an additional 5,174 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of Vanguard Consumer Discretionary ETF by 34.4% during the 1st quarter. Quantinno Capital Management LP now owns 12,419 shares of the company’s stock worth $4,459,000 after acquiring an additional 3,176 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in Vanguard Consumer Discretionary ETF during the third quarter valued at approximately $817,000.

About Vanguard Consumer Discretionary ETF

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.