Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sets New 12-Month High – Should You Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) shares reached a new 52-week high on Thursday . The company traded as high as $237.19 and last traded at $236.02, with a volume of 267150 shares traded. The stock had previously closed at $233.64.

Vanguard Consumer Staples ETF Price Performance

The stock’s 50-day moving average price is $217.68 and its 200-day moving average price is $216.57. The company has a market cap of $8.08 billion, a P/E ratio of 22.76 and a beta of 0.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC acquired a new stake in shares of Vanguard Consumer Staples ETF in the fourth quarter valued at approximately $208,000. Integrated Wealth Concepts LLC raised its holdings in Vanguard Consumer Staples ETF by 11.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,957 shares of the company’s stock valued at $428,000 after acquiring an additional 197 shares in the last quarter. Jane Street Group LLC acquired a new position in Vanguard Consumer Staples ETF in the 1st quarter valued at $441,000. DAVENPORT & Co LLC lifted its position in shares of Vanguard Consumer Staples ETF by 37.8% during the 2nd quarter. DAVENPORT & Co LLC now owns 1,715 shares of the company’s stock valued at $376,000 after acquiring an additional 470 shares during the period. Finally, Madden Advisory Services Inc. grew its holdings in shares of Vanguard Consumer Staples ETF by 0.9% during the 2nd quarter. Madden Advisory Services Inc. now owns 27,227 shares of the company’s stock worth $5,963,000 after purchasing an additional 233 shares in the last quarter.

About Vanguard Consumer Staples ETF

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.