Arete Wealth Advisors LLC Makes New $521,000 Investment in Vanguard Consumer Staples ETF $VDC

Arete Wealth Advisors LLC purchased a new stake in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,438 shares of the company’s stock, valued at approximately $521,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VDC. Avantax Planning Partners Inc. increased its stake in Vanguard Consumer Staples ETF by 62.3% in the 3rd quarter. Avantax Planning Partners Inc. now owns 7,167 shares of the company’s stock worth $1,532,000 after purchasing an additional 2,750 shares during the period. Hershey Financial Advisers LLC bought a new position in shares of Vanguard Consumer Staples ETF in the second quarter worth approximately $1,688,000. PGIM Custom Harvest LLC grew its holdings in shares of Vanguard Consumer Staples ETF by 24.4% in the second quarter. PGIM Custom Harvest LLC now owns 445,234 shares of the company’s stock worth $97,506,000 after purchasing an additional 87,452 shares during the last quarter. 17 Capital Partners LLC purchased a new position in shares of Vanguard Consumer Staples ETF in the second quarter worth $1,330,000. Finally, Fountainhead AM LLC raised its holdings in Vanguard Consumer Staples ETF by 66.0% during the 2nd quarter. Fountainhead AM LLC now owns 2,826 shares of the company’s stock valued at $619,000 after buying an additional 1,124 shares during the last quarter.

Vanguard Consumer Staples ETF Stock Down 0.9%

Shares of VDC opened at $238.63 on Wednesday. The stock has a market capitalization of $8.17 billion, a P/E ratio of 22.76 and a beta of 0.56. Vanguard Consumer Staples ETF has a twelve month low of $202.96 and a twelve month high of $244.33. The firm has a fifty day simple moving average of $227.41 and a two-hundred day simple moving average of $219.20.

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.