Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sets New 52-Week High – Still a Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC)’s share price reached a new 52-week high on Thursday. The company traded as high as $252.80 and last traded at $252.9750, with a volume of 16,234 shares. The stock had previously closed at $249.94.

Vanguard Consumer Staples ETF Trading Down 0.3%

The firm has a market cap of $8.42 billion, a P/E ratio of 22.76 and a beta of 0.47. The stock’s fifty day moving average is $229.70 and its two-hundred day moving average is $229.77.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Vanguard Consumer Staples ETF by 10.9% during the 1st quarter. Bank of America Corp DE now owns 4,336,403 shares of the company’s stock valued at $973,913,000 after purchasing an additional 424,605 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Vanguard Consumer Staples ETF during the 3rd quarter valued at about $36,855,000. International Assets Investment Management LLC lifted its position in Vanguard Consumer Staples ETF by 3,374.6% in the 3rd quarter. International Assets Investment Management LLC now owns 50,000 shares of the company’s stock worth $10,910,000 after buying an additional 48,561 shares during the last quarter. Ameritas Advisory Services LLC lifted its position in Vanguard Consumer Staples ETF by 49.4% in the 2nd quarter. Ameritas Advisory Services LLC now owns 140,086 shares of the company’s stock worth $31,588,000 after buying an additional 46,307 shares during the last quarter. Finally, TrueWealth Financial Partners purchased a new stake in Vanguard Consumer Staples ETF in the first quarter worth approximately $9,677,000.

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.