Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw unusually-strong trading volume on Wednesday . Approximately 426,971 shares traded hands during trading, an increase of 284% from the previous session’s volume of 111,078 shares.The stock last traded at $206.72 and had previously closed at $206.98.

Vanguard Consumer Staples ETF Stock Performance

The firm has a market capitalization of $6.80 billion, a PE ratio of 25.58 and a beta of 0.48. The stock has a fifty day moving average price of $215.78 and a 200-day moving average price of $213.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC boosted its stake in Vanguard Consumer Staples ETF by 0.7% in the third quarter. LPL Financial LLC now owns 688,580 shares of the company’s stock valued at $150,441,000 after acquiring an additional 4,863 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Vanguard Consumer Staples ETF by 10.5% during the 3rd quarter. Stifel Financial Corp now owns 124,521 shares of the company’s stock valued at $27,206,000 after purchasing an additional 11,827 shares during the last quarter. Calton & Associates Inc. boosted its position in shares of Vanguard Consumer Staples ETF by 948.5% in the 3rd quarter. Calton & Associates Inc. now owns 111,001 shares of the company’s stock worth $24,251,000 after purchasing an additional 100,414 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in Vanguard Consumer Staples ETF by 9.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 96,785 shares of the company’s stock worth $21,138,000 after buying an additional 8,245 shares during the last quarter. Finally, Patriot Investment Management Group Inc. increased its position in Vanguard Consumer Staples ETF by 0.4% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 82,620 shares of the company’s stock valued at $18,051,000 after buying an additional 338 shares in the last quarter.

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).