Silver Coast Investments LLC Purchases New Holdings in Vanguard Consumer Staples ETF $VDC

Silver Coast Investments LLC purchased a new stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,925 shares of the company’s stock, valued at approximately $3,575,000. Vanguard Consumer Staples ETF makes up about 1.2% of Silver Coast Investments LLC’s portfolio, making the stock its 20th largest position.

A number of other hedge funds also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Vanguard Consumer Staples ETF during the third quarter valued at approximately $31,000. Triumph Capital Management bought a new position in Vanguard Consumer Staples ETF in the third quarter worth $40,000. Hantz Financial Services Inc. acquired a new stake in Vanguard Consumer Staples ETF during the third quarter worth $43,000. eCIO Inc. bought a new stake in Vanguard Consumer Staples ETF in the 4th quarter valued at $44,000. Finally, Davis Capital Management bought a new stake in Vanguard Consumer Staples ETF in the 3rd quarter valued at $47,000.

Vanguard Consumer Staples ETF Stock Performance

Shares of VDC stock opened at $226.67 on Tuesday. The firm has a fifty day moving average of $231.10 and a 200-day moving average of $221.27. The stock has a market cap of $7.96 billion, a price-to-earnings ratio of 22.76 and a beta of 0.53. Vanguard Consumer Staples ETF has a 52-week low of $205.45 and a 52-week high of $244.33.

About Vanguard Consumer Staples ETF

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.