Independent Financial Group LLC Acquires New Holdings in Vanguard Consumer Staples ETF $VDC

Independent Financial Group LLC bought a new stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,101 shares of the company’s stock, valued at approximately $1,595,000.

Several other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in shares of Vanguard Consumer Staples ETF by 1.7% in the 2nd quarter. Bank of America Corp DE now owns 4,015,657 shares of the company’s stock valued at $879,429,000 after purchasing an additional 65,341 shares during the last quarter. LPL Financial LLC increased its position in Vanguard Consumer Staples ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 874,979 shares of the company’s stock worth $184,830,000 after buying an additional 31,343 shares during the last quarter. Morgan Stanley raised its holdings in Vanguard Consumer Staples ETF by 12.5% during the fourth quarter. Morgan Stanley now owns 637,725 shares of the company’s stock valued at $134,714,000 after buying an additional 70,909 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Vanguard Consumer Staples ETF by 0.7% during the fourth quarter. Wells Fargo & Company MN now owns 380,044 shares of the company’s stock valued at $80,280,000 after buying an additional 2,761 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Vanguard Consumer Staples ETF by 9.9% in the fourth quarter. UBS Group AG now owns 265,869 shares of the company’s stock worth $56,162,000 after buying an additional 24,001 shares during the last quarter.

Vanguard Consumer Staples ETF Stock Performance

VDC opened at $230.32 on Monday. The company has a market cap of $7.96 billion, a PE ratio of 22.76 and a beta of 0.50. The stock has a 50-day moving average of $228.37 and a 200-day moving average of $228.13. 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.