Conservest Capital Advisors Inc. Lowers Stock Holdings in Vanguard Consumer Staples ETF $VDC

Conservest Capital Advisors Inc. reduced its stake in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 66.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,074 shares of the company’s stock after selling 8,003 shares during the period. Conservest Capital Advisors Inc.’s holdings in Vanguard Consumer Staples ETF were worth $915,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Curio Wealth LLC purchased a new position in shares of Vanguard Consumer Staples ETF during the fourth quarter worth approximately $27,000. Howe & Rusling Inc. boosted its holdings in shares of Vanguard Consumer Staples ETF by 137.0% in the first quarter. Howe & Rusling Inc. now owns 128 shares of the company’s stock valued at $29,000 after purchasing an additional 74 shares during the period. MBM Wealth Consultants LLC bought a new position in Vanguard Consumer Staples ETF in the first quarter worth approximately $30,000. Godfrey Financial Associates Inc. bought a new position in Vanguard Consumer Staples ETF in the fourth quarter worth approximately $31,000. Finally, UMB Bank n.a. bought a new position in Vanguard Consumer Staples ETF in the fourth quarter worth approximately $31,000.

Vanguard Consumer Staples ETF Stock Down 1.3%

VDC opened at $226.29 on Wednesday. The stock’s fifty day moving average is $228.40 and its two-hundred day moving average is $227.77. The company has a market capitalization of $7.82 billion, a P/E ratio of 22.76 and a beta of 0.50. Vanguard Consumer Staples ETF has a 52 week low of $205.45 and a 52 week high of $244.33.

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). This GICS sector is made up of companies whose businesses are less sensitive to economic cycles. It includes manufacturers and distributors of food, beverages, and tobacco, as well as producers of nondurable household goods and personal products.