Richmond Brothers Inc. Grows Stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Richmond Brothers Inc. grew its holdings in shares of Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 14.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,928 shares of the company’s stock after buying an additional 4,234 shares during the period. Vanguard Consumer Staples ETF accounts for about 4.6% of Richmond Brothers Inc.’s investment portfolio, making the stock its 10th biggest holding. Richmond Brothers Inc. owned 0.10% of Vanguard Consumer Staples ETF worth $7,171,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wingate Wealth Advisors Inc. acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $42,000. Eastern Bank acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $50,000. Synergy Investment Management LLC acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $54,000. Mainstream Capital Management LLC acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $57,000. Finally, Hopwood Financial Services Inc. acquired a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter valued at approximately $57,000.

Vanguard Consumer Staples ETF Price Performance

NYSEARCA VDC opened at $213.76 on Wednesday. Vanguard Consumer Staples ETF has a 12 month low of $194.38 and a 12 month high of $226.64. The firm has a market capitalization of $7.20 billion, a PE ratio of 24.32 and a beta of 0.61. The company’s 50 day simple moving average is $216.68 and its 200 day simple moving average is $216.82.

Vanguard Consumer Staples ETF 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).