Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sees Strong Trading Volume – Time to Buy?

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) saw unusually-strong trading volume on Wednesday. Approximately 123,475 shares traded hands during mid-day trading, an increase of 115% from the previous session’s volume of 57,505 shares. The stock last traded at $371.5920 and had previously closed at $376.51.

Vanguard Consumer Discretionary ETF Price Performance

The stock has a market capitalization of $5.72 billion, a P/E ratio of 25.44 and a beta of 1.26. The company has a 50 day simple moving average of $383.58 and a 200-day simple moving average of $385.90.

Institutional Investors Weigh In On Vanguard Consumer Discretionary ETF

Institutional investors have recently added to or reduced their stakes in the business. Auto Owners Insurance Co grew its position in Vanguard Consumer Discretionary ETF by 45,402.3% during the fourth quarter. Auto Owners Insurance Co now owns 36,720,324 shares of the company’s stock worth $14,464,870,000 after buying an additional 36,639,624 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Consumer Discretionary ETF by 4.0% in the 1st quarter. Bank of America Corp DE now owns 1,554,750 shares of the company’s stock valued at $558,202,000 after acquiring an additional 59,163 shares in the last quarter. Lido Advisors LLC raised its holdings in shares of Vanguard Consumer Discretionary ETF by 6.2% in the 1st quarter. Lido Advisors LLC now owns 88,180 shares of the company’s stock valued at $31,660,000 after acquiring an additional 5,174 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Vanguard Consumer Discretionary ETF by 3.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 77,735 shares of the company’s stock valued at $27,909,000 after acquiring an additional 2,811 shares during the last quarter. Finally, Ameritas Advisory Services LLC boosted its position in shares of Vanguard Consumer Discretionary ETF by 45.5% during the 2nd quarter. Ameritas Advisory Services LLC now owns 70,445 shares of the company’s stock valued at $27,939,000 after acquiring an additional 22,027 shares during the last quarter.

About Vanguard Consumer Discretionary ETF

Vanguard Consumer Discretionary ETF is an exchange-traded share class of Vanguard Consumer Discretionary Index Fund. It employs investment approach designed to track the performance of the Morgan Stanley Capital International United States Investable Market Consumer Discretionary Index, an Index of stocks of large, medium, and small United States companies in the consumer discretionary sector, as classified under the Global Industry Classification Standard (GICS). Its manufacturing segment includes industries, such as automotive, household durable goods, textiles and apparels, and leisure equipment.