Beacon Capital Management Inc. Reduces Stock Holdings in Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Beacon Capital Management Inc. trimmed its stake in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 2.3% in the 4th quarter, HoldingsChannel reports. The firm owned 714,421 shares of the company’s stock after selling 17,063 shares during the quarter. Vanguard Consumer Staples ETF makes up about 6.5% of Beacon Capital Management Inc.’s portfolio, making the stock its 8th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Consumer Staples ETF were worth $151,014,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Richmond Brothers Inc. boosted its stake in Vanguard Consumer Staples ETF by 14.3% in the 4th quarter. Richmond Brothers Inc. now owns 33,928 shares of the company’s stock worth $7,171,000 after purchasing an additional 4,234 shares during the period. Tocqueville Asset Management L.P. boosted its position in shares of Vanguard Consumer Staples ETF by 32.0% in the fourth quarter. Tocqueville Asset Management L.P. now owns 25,453 shares of the company’s stock worth $5,380,000 after buying an additional 6,173 shares during the period. Arrien Investments Inc. purchased a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at $1,422,000. May Barnhard Investments LLC acquired a new position in Vanguard Consumer Staples ETF during the fourth quarter valued at $213,000. Finally, Commonwealth Equity Services LLC lifted its stake in Vanguard Consumer Staples ETF by 0.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 216,110 shares of the company’s stock worth $45,681,000 after acquiring an additional 745 shares in the last quarter.

Vanguard Consumer Staples ETF Trading Down 0.4 %

Shares of NYSEARCA VDC opened at $212.96 on Friday. The firm has a market capitalization of $7.17 billion, a PE ratio of 24.32 and a beta of 0.61. Vanguard Consumer Staples ETF has a one year low of $194.38 and a one year high of $226.64. The business has a 50-day moving average price of $216.85 and a two-hundred day moving average price of $216.77.

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).