Meridian Investment Counsel Inc. Makes New Investment in Vanguard Consumer Staples ETF (NYSEARCA:VDC)

Meridian Investment Counsel Inc. purchased a new stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,435 shares of the company’s stock, valued at approximately $532,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC bought a new position in Vanguard Consumer Staples ETF in the 3rd quarter worth about $25,000. Advantage Trust Co purchased a new position in Vanguard Consumer Staples ETF during the third quarter valued at approximately $37,000. Rosenberg Matthew Hamilton bought a new stake in Vanguard Consumer Staples ETF during the 2nd quarter worth approximately $42,000. EverSource Wealth Advisors LLC lifted its stake in Vanguard Consumer Staples ETF by 175.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 223 shares of the company’s stock worth $45,000 after purchasing an additional 142 shares in the last quarter. Finally, Tortoise Investment Management LLC boosted its holdings in Vanguard Consumer Staples ETF by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 324 shares of the company’s stock valued at $66,000 after purchasing an additional 141 shares during the period.

Vanguard Consumer Staples ETF Stock Performance

Vanguard Consumer Staples ETF stock opened at $213.24 on Friday. Vanguard Consumer Staples ETF has a fifty-two week low of $182.85 and a fifty-two week high of $222.25. The stock has a market cap of $6.92 billion, a P/E ratio of 25.58 and a beta of 0.48. The firm’s fifty day moving average price is $216.43 and its 200-day moving average price is $210.63.

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).