Vanguard Consumer Staples ETF $VDC Position Reduced by KCM Investment Advisors LLC

KCM Investment Advisors LLC reduced its position in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 8.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,007 shares of the company’s stock after selling 4,948 shares during the quarter. KCM Investment Advisors LLC owned about 0.17% of Vanguard Consumer Staples ETF worth $11,970,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. 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 valued at $879,429,000 after buying an additional 65,341 shares during the period. 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 valued at $124,385,000 after acquiring an additional 375,243 shares during the last quarter. PGIM Custom Harvest LLC boosted its position in shares of Vanguard Consumer Staples ETF by 24.4% during the 2nd quarter. PGIM Custom Harvest LLC now owns 445,234 shares of the company’s stock valued at $97,506,000 after purchasing an additional 87,452 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Vanguard Consumer Staples ETF by 39,618.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 268,494 shares of the company’s stock worth $58,800,000 after purchasing an additional 267,818 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard Consumer Staples ETF by 7.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 210,241 shares of the company’s stock worth $46,073,000 after purchasing an additional 15,336 shares in the last quarter.

Vanguard Consumer Staples ETF Stock Performance

Shares of NYSEARCA:VDC opened at $237.13 on Thursday. The stock has a market capitalization of $8.12 billion, a price-to-earnings ratio of 22.76 and a beta of 0.56. Vanguard Consumer Staples ETF has a 1-year low of $202.96 and a 1-year high of $244.33. The company has a 50 day moving average price of $227.90 and a 200 day moving average price of $219.33.

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.