Apollon Wealth Management LLC Boosts Stock Position in Vanguard Consumer Staples ETF $VDC

Apollon Wealth Management LLC increased its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,921 shares of the company’s stock after acquiring an additional 6,440 shares during the period. Apollon Wealth Management LLC owned about 0.21% of Vanguard Consumer Staples ETF worth $15,404,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Avantax Planning Partners Inc. raised its position in Vanguard Consumer Staples ETF by 62.3% during the 3rd quarter. Avantax Planning Partners Inc. now owns 7,167 shares of the company’s stock valued at $1,532,000 after purchasing an additional 2,750 shares during the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of Vanguard Consumer Staples ETF in the 2nd quarter worth approximately $1,688,000. Kingswood Wealth Advisors LLC grew its stake in shares of Vanguard Consumer Staples ETF by 116.1% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 21,046 shares of the company’s stock worth $4,498,000 after buying an additional 11,306 shares during the last quarter. Arete Wealth Advisors LLC purchased a new stake in Vanguard Consumer Staples ETF during the 3rd quarter valued at $521,000. Finally, Stratos Wealth Partners LTD. boosted its stake in Vanguard Consumer Staples ETF by 11.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 41,872 shares of the company’s stock valued at $8,845,000 after purchasing an additional 4,226 shares during the last quarter.

Vanguard Consumer Staples ETF Trading Down 1.4%

Shares of VDC opened at $226.52 on Friday. The company 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 12 month low of $205.45 and a 12 month high of $244.33. The business’s fifty day simple moving average is $232.38 and its two-hundred day simple moving average is $220.69.

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.