Conservest Capital Advisors Inc. Reduces Position in Vanguard Consumer Staples ETF $VDC

Conservest Capital Advisors Inc. trimmed its position in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 66.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,074 shares of the company’s stock after selling 8,003 shares during the period. Conservest Capital Advisors Inc.’s holdings in Vanguard Consumer Staples ETF were worth $915,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Curio Wealth LLC purchased a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $27,000. Howe & Rusling Inc. raised its holdings in shares of Vanguard Consumer Staples ETF by 137.0% in the first quarter. Howe & Rusling Inc. now owns 128 shares of the company’s stock worth $29,000 after buying an additional 74 shares during the period. MBM Wealth Consultants LLC purchased a new stake in shares of Vanguard Consumer Staples ETF in the first quarter worth approximately $30,000. Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Consumer Staples ETF during the 4th quarter worth approximately $31,000. Finally, UMB Bank n.a. bought a new stake in shares of Vanguard Consumer Staples ETF during the 4th quarter worth approximately $31,000.

Vanguard Consumer Staples ETF Stock Down 1.3%

VDC opened at $226.29 on Wednesday. The business has a fifty day moving average of $228.40 and a 200 day moving average of $227.77. Vanguard Consumer Staples ETF has a 52-week low of $205.45 and a 52-week high of $244.33. The stock has a market cap of $7.82 billion, a P/E ratio of 22.76 and a beta of 0.50.

Vanguard Consumer Staples ETF 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.