Fifth Third Bancorp Grows Stock Position in Vanguard Consumer Staples ETF $VDC

Fifth Third Bancorp grew its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 237.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 8,460 shares of the company’s stock after purchasing an additional 5,956 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Consumer Staples ETF were worth $1,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Prime Capital Investment Advisors LLC raised its stake in shares of Vanguard Consumer Staples ETF by 94.4% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 7,701 shares of the company’s stock worth $1,627,000 after buying an additional 3,739 shares during the period. Hippocratic Financial Advisors LLC grew its stake in Vanguard Consumer Staples ETF by 17.7% in the 4th quarter. Hippocratic Financial Advisors LLC now owns 24,644 shares of the company’s stock valued at $5,206,000 after acquiring an additional 3,714 shares during the period. Lighthouse Financial Services Inc. ADV purchased a new stake in Vanguard Consumer Staples ETF in the 4th quarter worth $7,580,000. Apollon Wealth Management LLC raised its position in Vanguard Consumer Staples ETF by 9.7% during the fourth quarter. Apollon Wealth Management LLC now owns 72,921 shares of the company’s stock worth $15,404,000 after acquiring an additional 6,440 shares during the period. Finally, Calder Financial LLC purchased a new position in Vanguard Consumer Staples ETF during the fourth quarter valued at $1,936,000.

Vanguard Consumer Staples ETF Stock Up 0.2%

Shares of NYSEARCA VDC opened at $228.03 on Thursday. The firm has a market cap of $7.88 billion, a price-to-earnings ratio of 22.76 and a beta of 0.50. The company’s 50-day simple moving average is $228.28 and its 200-day simple moving average is $228.48. Vanguard Consumer Staples ETF has a 52-week low of $205.45 and a 52-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.