GRIMES & Co WEALTH MANAGEMENT LLC Sells 3,305 Shares of Vanguard Consumer Staples ETF $VDC

GRIMES & Co WEALTH MANAGEMENT LLC lessened its holdings in Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 29.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,777 shares of the company’s stock after selling 3,305 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Vanguard Consumer Staples ETF were worth $1,643,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VDC. Root Financial Partners LLC bought a new stake in shares of Vanguard Consumer Staples ETF in the third quarter worth $31,000. Triumph Capital Management acquired a new position in Vanguard Consumer Staples ETF during the third quarter worth $40,000. Hantz Financial Services Inc. acquired a new position in Vanguard Consumer Staples ETF during the third quarter worth $43,000. eCIO Inc. acquired a new position in Vanguard Consumer Staples ETF during the fourth quarter worth $44,000. Finally, Paladin Advisory Group LLC acquired a new position in Vanguard Consumer Staples ETF during the third quarter worth $53,000.

Vanguard Consumer Staples ETF Trading Up 0.1%

Shares of VDC opened at $230.24 on Friday. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 22.76 and a beta of 0.52. Vanguard Consumer Staples ETF has a 1-year low of $205.45 and a 1-year high of $244.33. The company’s fifty day simple moving average is $228.65 and its 200 day simple moving average is $222.44.

Vanguard Consumer Staples ETF Company 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.