Merit Financial Group LLC Sells 1,838 Shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Merit Financial Group LLC trimmed its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 9.5% during the 4th quarter, HoldingsChannel reports. The fund owned 17,584 shares of the company’s stock after selling 1,838 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Consumer Staples ETF were worth $3,358,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in VDC. Stonebridge Capital Advisors LLC bought a new position in shares of Vanguard Consumer Staples ETF during the third quarter valued at $25,000. Angeles Wealth Management LLC purchased a new stake in Vanguard Consumer Staples ETF during the third quarter valued at $34,000. Capital Investment Advisory Services LLC purchased a new stake in Vanguard Consumer Staples ETF during the fourth quarter valued at $44,000. Baystate Wealth Management LLC increased its position in Vanguard Consumer Staples ETF by 846.4% during the fourth quarter. Baystate Wealth Management LLC now owns 265 shares of the company’s stock valued at $51,000 after acquiring an additional 237 shares during the last quarter. Finally, Planned Solutions Inc. purchased a new stake in Vanguard Consumer Staples ETF during the fourth quarter valued at $61,000.

Vanguard Consumer Staples ETF Price Performance

Vanguard Consumer Staples ETF stock traded up $0.65 during mid-day trading on Friday, reaching $202.31. 79,318 shares of the stock traded hands, compared to its average volume of 136,251. The stock has a market capitalization of $6.56 billion, a PE ratio of 25.58 and a beta of 0.48. Vanguard Consumer Staples ETF has a 12-month low of $172.75 and a 12-month high of $204.80. The business’s 50-day moving average is $200.18 and its 200-day moving average is $192.49.

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).