Vanguard Consumer Staples ETF (NYSEARCA:VDC) Hits New 52-Week High – Should You Buy?

Vanguard Consumer Staples ETF (NYSEARCA:VDC) hit a new 52-week high during trading on Friday . The stock traded as high as $224.26 and last traded at $223.90, with a volume of 12090 shares. The stock had previously closed at $223.16.

Vanguard Consumer Staples ETF Stock Down 0.4 %

The stock’s 50-day simple moving average is $216.79 and its two-hundred day simple moving average is $212.39. The company has a market capitalization of $7.21 billion, a price-to-earnings ratio of 25.58 and a beta of 0.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VDC. Ashton Thomas Securities LLC purchased a new stake in shares of Vanguard Consumer Staples ETF during the third quarter worth $25,000. Advantage Trust Co purchased a new position in Vanguard Consumer Staples ETF in the 3rd quarter worth approximately $37,000. Rosenberg Matthew Hamilton acquired a new position in shares of Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $42,000. Tortoise Investment Management LLC grew its position in shares of Vanguard Consumer Staples ETF by 77.0% in the second quarter. Tortoise Investment Management LLC now owns 324 shares of the company’s stock valued at $66,000 after purchasing an additional 141 shares in the last quarter. Finally, MTM Investment Management LLC purchased a new position in Vanguard Consumer Staples ETF during the third quarter worth approximately $78,000.

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).