Merit Financial Group LLC Trims Stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Merit Financial Group LLC trimmed its position in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 6.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,954 shares of the company’s stock after selling 1,073 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Consumer Staples ETF were worth $3,372,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Consumer Staples ETF by 11.2% during the second quarter. Bank of New York Mellon Corp now owns 2,809 shares of the company’s stock valued at $570,000 after purchasing an additional 282 shares in the last quarter. AE Wealth Management LLC boosted its position in Vanguard Consumer Staples ETF by 28.0% during the 2nd quarter. AE Wealth Management LLC now owns 3,474 shares of the company’s stock valued at $705,000 after acquiring an additional 760 shares in the last quarter. Certified Advisory Corp increased its holdings in shares of Vanguard Consumer Staples ETF by 3.8% in the 2nd quarter. Certified Advisory Corp now owns 15,615 shares of the company’s stock valued at $3,170,000 after acquiring an additional 566 shares during the period. Bank of Montreal Can raised its position in shares of Vanguard Consumer Staples ETF by 5.7% in the 2nd quarter. Bank of Montreal Can now owns 2,147 shares of the company’s stock worth $446,000 after acquiring an additional 116 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC lifted its stake in shares of Vanguard Consumer Staples ETF by 534.0% during the 2nd quarter. Mill Creek Capital Advisors LLC now owns 7,240 shares of the company’s stock worth $1,470,000 after purchasing an additional 6,098 shares during the last quarter.

Vanguard Consumer Staples ETF Price Performance

VDC opened at $209.43 on Monday. The firm has a market capitalization of $6.80 billion, a PE ratio of 25.58 and a beta of 0.48. The business’s 50-day moving average is $215.65 and its two-hundred day moving average is $214.15. Vanguard Consumer Staples ETF has a 1 year low of $189.56 and a 1 year high of $224.40.

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).