Private Advisor Group LLC Reduces Stake in Vanguard Consumer Staples ETF

Private Advisor Group LLC has reduced its stake in the Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 1.0% during the third quarter, as revealed in its recent disclosure to the SEC. After selling 417 shares during this period, the firm now owns a total of 43,329 shares valued at approximately $9.47 million.

In addition to Private Advisor Group LLC, other hedge funds have recently adjusted their positions in the Vanguard Consumer Staples ETF. For instance, Tsfg LLC increased its holdings by 56.3% in the first quarter, raising its ownership to 200 shares with a value of about $41,000 after acquiring an additional 72 shares. Similarly, Rosenberg Matthew Hamilton established a new position in the ETF during the second quarter, amounting to $42,000. EverSource Wealth Advisors LLC also expanded its stake by 175.3% in the first quarter, bringing its total share count to 223, valued at $45,000 after adding 142 shares.

Tortoise Investment Management LLC made a notable increase as well, growing its stake in the second quarter by 77.0% to own 324 shares worth about $66,000 following an acquisition of 141 additional shares. Finally, Atlanta Consulting Group Advisors LLC entered the market with a new position during the first quarter valued around $67,000.

Vanguard Consumer Staples ETF Performance Overview

The Vanguard Consumer Staples ETF has been trading with its stock opening at $215.96. As for its recent performance metrics, the 50-day moving average stands at $217.23, whereas the 200-day moving average is currently at $208.99. Over the past year, the ETF has encountered a low of $175.87 and a high of $222.25. The ETF enjoys a market cap of $7.01 billion, a price-to-earnings ratio of 25.58, and holds a beta of 0.48.

Understanding Vanguard Consumer Staples ETF

The Vanguard Consumer Staples ETF is an exchange-traded share class of the Vanguard Consumer Staples Index Fund, which aims to replicate the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index. This index represents a diverse range of stocks across large-, mid-, and small-cap categories within the consumer staples sector as classified by the Global Industry Classification Standard (GICS).

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Stay updated on hedge fund activity regarding VDC: Visit HoldingsChannel.com for the latest 13F filings and insider trades related to the Vanguard Consumer Staples ETF (NYSEARCA:VDC).

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