Beacon Capital Management Inc. Acquires 375,243 Shares of Vanguard Consumer Staples ETF $VDC

Beacon Capital Management Inc. grew its holdings in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 194.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 567,968 shares of the company’s stock after purchasing an additional 375,243 shares during the quarter. Vanguard Consumer Staples ETF comprises approximately 6.4% of Beacon Capital Management Inc.’s portfolio, making the stock its 7th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Consumer Staples ETF were worth $124,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Flaharty Asset Management LLC acquired a new position in Vanguard Consumer Staples ETF during the 1st quarter valued at about $28,000. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Consumer Staples ETF in the second quarter worth about $31,000. Crewe Advisors LLC purchased a new stake in shares of Vanguard Consumer Staples ETF during the second quarter worth about $33,000. St. Johns Investment Management Company LLC purchased a new stake in shares of Vanguard Consumer Staples ETF during the second quarter worth about $33,000. Finally, Key Financial Inc increased its holdings in shares of Vanguard Consumer Staples ETF by 165.6% during the second quarter. Key Financial Inc now owns 162 shares of the company’s stock valued at $35,000 after acquiring an additional 101 shares in the last quarter.

Vanguard Consumer Staples ETF Stock Up 0.8%

Shares of Vanguard Consumer Staples ETF stock opened at $216.28 on Monday. The company has a 50 day moving average price of $212.60 and a 200 day moving average price of $216.93. The firm has a market capitalization of $7.33 billion, a P/E ratio of 22.76 and a beta of 0.56. Vanguard Consumer Staples ETF has a 52 week low of $202.96 and a 52 week high of $226.73.

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).