Arete Wealth Advisors LLC Takes Position in Vanguard Consumer Staples ETF $VDC

Arete Wealth Advisors LLC acquired a new position in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,438 shares of the company’s stock, valued at approximately $521,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beacon Capital Management Inc. lifted its holdings in Vanguard Consumer Staples ETF by 194.7% in the 2nd quarter. Beacon Capital Management Inc. now owns 567,968 shares of the company’s stock worth $124,385,000 after purchasing an additional 375,243 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in shares of Vanguard Consumer Staples ETF by 39,618.0% during the second quarter. Laurel Wealth Advisors LLC now owns 268,494 shares of the company’s stock valued at $58,800,000 after buying an additional 267,818 shares during the last quarter. PGIM Custom Harvest LLC raised its position in shares of Vanguard Consumer Staples ETF by 24.4% during the second quarter. PGIM Custom Harvest LLC now owns 445,234 shares of the company’s stock valued at $97,506,000 after buying an additional 87,452 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Consumer Staples ETF by 1.7% in the second quarter. Bank of America Corp DE now owns 4,015,657 shares of the company’s stock worth $879,429,000 after buying an additional 65,341 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Vanguard Consumer Staples ETF by 17.5% in the second quarter. Osaic Holdings Inc. now owns 152,514 shares of the company’s stock worth $33,435,000 after buying an additional 22,747 shares in the last quarter.

Vanguard Consumer Staples ETF Stock Performance

Shares of NYSEARCA:VDC opened at $238.63 on Wednesday. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 22.76 and a beta of 0.56. The firm has a fifty day moving average price of $227.41 and a 200 day moving average price of $219.20. Vanguard Consumer Staples ETF has a fifty-two week low of $202.96 and a fifty-two week high of $244.33.

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.