Modern Wealth Management LLC Sells 139 Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Modern Wealth Management LLC lessened its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 11.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,033 shares of the company’s stock after selling 139 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Consumer Staples ETF were worth $226,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its holdings in Vanguard Consumer Staples ETF by 21,241.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 239,027 shares of the company’s stock worth $50,526,000 after purchasing an additional 237,907 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Consumer Staples ETF during the fourth quarter worth $33,231,000. Blankinship & Foster LLC bought a new stake in Vanguard Consumer Staples ETF during the fourth quarter worth $17,036,000. Essential Planning LLC. lifted its stake in Vanguard Consumer Staples ETF by 6,107.0% in the fourth quarter. Essential Planning LLC. now owns 77,401 shares of the company’s stock valued at $16,773,000 after acquiring an additional 76,154 shares during the last quarter. Finally, Chevy Chase Trust Holdings LLC bought a new position in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at about $15,916,000.

Vanguard Consumer Staples ETF Stock Performance

Shares of VDC stock opened at $215.53 on Friday. Vanguard Consumer Staples ETF has a 52-week low of $194.38 and a 52-week high of $226.64. The stock has a market cap of $7.25 billion, a price-to-earnings ratio of 24.32 and a beta of 0.61. The firm’s 50-day moving average is $217.67 and its 200-day moving average is $216.59.

Vanguard Consumer Staples ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $1.1673 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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).