Cornerstone Wealth Management LLC Invests $948,000 in Vanguard Consumer Discretionary ETF $VCR

Cornerstone Wealth Management LLC bought a new position in Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,408 shares of the company’s stock, valued at approximately $948,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VCR. Westfuller Advisors LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 3rd quarter valued at about $26,000. Signature Resources Capital Management LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 4th quarter valued at about $26,000. Cloud Capital Management LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 3rd quarter valued at about $35,000. Flagship Harbor Advisors LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 4th quarter valued at about $35,000. Finally, EQ Wealth Advisors LLC purchased a new stake in Vanguard Consumer Discretionary ETF during the 4th quarter valued at about $39,000.

Vanguard Consumer Discretionary ETF Stock Performance

Shares of VCR stock opened at $384.69 on Friday. Vanguard Consumer Discretionary ETF has a one year low of $346.48 and a one year high of $414.28. The company’s 50-day moving average is $377.21 and its 200 day moving average is $387.77. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of 25.44 and a beta of 1.25.

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.