Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Hits New 1-Year High – Here’s Why

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) hit a new 52-week high on Monday . The company traded as high as $398.19 and last traded at $397.23, with a volume of 12293 shares changing hands. The stock had previously closed at $394.97.

Vanguard Consumer Discretionary ETF Trading Up 0.1 %

The company’s 50-day moving average price is $360.29 and its two-hundred day moving average price is $332.97. The company has a market cap of $7.13 billion, a P/E ratio of 27.74 and a beta of 1.31.

Institutional Investors Weigh In On Vanguard Consumer Discretionary ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Vanguard Consumer Discretionary ETF in the 3rd quarter valued at approximately $207,000. Optimist Retirement Group LLC acquired a new stake in shares of Vanguard Consumer Discretionary ETF in the third quarter worth $202,000. Destination Wealth Management grew its holdings in shares of Vanguard Consumer Discretionary ETF by 10.4% during the third quarter. Destination Wealth Management now owns 6,981 shares of the company’s stock valued at $2,377,000 after buying an additional 657 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Vanguard Consumer Discretionary ETF during the third quarter valued at $859,000. Finally, World Investment Advisors LLC acquired a new stake in Vanguard Consumer Discretionary ETF during the 3rd quarter worth about $3,521,000.

About Vanguard Consumer Discretionary ETF

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).