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

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) shares saw strong trading volume on Thursday. Approximately 200,031 shares traded hands during trading, an increase of 240% from the average daily volume of 58,781 shares. The stock last traded at $390.0310 and had previously closed at $408.23.

Vanguard Consumer Discretionary ETF Trading Down 4.0%

The stock has a 50-day simple moving average of $379.82 and a 200 day simple moving average of $385.51. The company has a market cap of $6.04 billion, a price-to-earnings ratio of 25.44 and a beta of 1.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VCR. Bank of America Corp DE raised its position in Vanguard Consumer Discretionary ETF by 4.0% during the 1st quarter. Bank of America Corp DE now owns 1,554,750 shares of the company’s stock worth $558,202,000 after buying an additional 59,163 shares during the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of Vanguard Consumer Discretionary ETF during the 3rd quarter worth about $10,967,000. Ameritas Advisory Services LLC grew 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 period. Assetmark Inc. increased its stake in shares of Vanguard Consumer Discretionary ETF by 72.0% during the first quarter. Assetmark Inc. now owns 44,759 shares of the company’s stock worth $16,070,000 after purchasing an additional 18,737 shares in the last quarter. Finally, Royal Fund Management LLC raised its holdings in shares of Vanguard Consumer Discretionary ETF by 258.8% during the first quarter. Royal Fund Management LLC now owns 22,582 shares of the company’s stock valued at $8,108,000 after acquiring an additional 16,289 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.