Charles Schwab Investment Management Inc. Cuts Stake in Vanguard Consumer Discretionary ETF (NYSEARCA:VCR)

Charles Schwab Investment Management Inc. lowered its stake in Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) by 20.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,307 shares of the company’s stock after selling 346 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vanguard Consumer Discretionary ETF were worth $491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in shares of Vanguard Consumer Discretionary ETF by 987.5% in the fourth quarter. Sound Income Strategies LLC now owns 87 shares of the company’s stock valued at $33,000 after purchasing an additional 79 shares in the last quarter. Kestra Investment Management LLC purchased a new position in shares of Vanguard Consumer Discretionary ETF in the 4th quarter worth $34,000. Avior Wealth Management LLC grew its stake in shares of Vanguard Consumer Discretionary ETF by 148.1% in the 4th quarter. Avior Wealth Management LLC now owns 129 shares of the company’s stock worth $49,000 after buying an additional 77 shares in the last quarter. Duncker Streett & Co. Inc. bought a new stake in shares of Vanguard Consumer Discretionary ETF in the 4th quarter worth about $53,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Vanguard Consumer Discretionary ETF during the 4th quarter valued at about $55,000.

Vanguard Consumer Discretionary ETF Stock Performance

NYSEARCA VCR opened at $325.51 on Tuesday. The business’s 50 day moving average price is $359.44 and its 200-day moving average price is $360.23. Vanguard Consumer Discretionary ETF has a fifty-two week low of $284.84 and a fifty-two week high of $402.25. The company has a market cap of $5.61 billion, a P/E ratio of 23.49 and a beta of 1.36.

Vanguard Consumer Discretionary ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.7716 per share. The ex-dividend date was Tuesday, March 25th. This is a positive change from Vanguard Consumer Discretionary ETF’s previous dividend of $0.67.

Vanguard Consumer Discretionary ETF Company Profile

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).