Vanguard Consumer Staples ETF (NYSEARCA:VDC) Short Interest Down 43.6% in July

Vanguard Consumer Staples ETF (NYSEARCA:VDC) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totaling 117,122 shares, a drop of 43.6% from the June 30th total of 207,593 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 190,889 shares, the days-to-cover ratio is currently 0.6 days.

Vanguard Consumer Staples ETF Stock Performance

NYSEARCA:VDC traded up $0.48 during mid-day trading on Wednesday, hitting $235.91. 95,073 shares of the company’s stock traded hands, compared to its average volume of 174,151. The company has a fifty day moving average of $228.01 and a 200 day moving average of $229.03. Vanguard Consumer Staples ETF has a twelve month low of $205.45 and a twelve month high of $244.33. The company has a market capitalization of $8.16 billion, a P/E ratio of 22.76 and a beta of 0.50.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of Vanguard Consumer Staples ETF by 10.9% in the 1st quarter. Bank of America Corp DE now owns 4,336,403 shares of the company’s stock valued at $973,913,000 after purchasing an additional 424,605 shares during the last quarter. Two Sigma Investments LP acquired a new position in Vanguard Consumer Staples ETF during the 3rd quarter valued at approximately $25,519,000. Ameritas Advisory Services LLC increased its stake in Vanguard Consumer Staples ETF by 2,573.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 98,642 shares of the company’s stock valued at $20,837,000 after purchasing an additional 94,953 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard Consumer Staples ETF by 1,049.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 78,987 shares of the company’s stock worth $16,882,000 after buying an additional 72,115 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Vanguard Consumer Staples ETF by 12.5% in the fourth quarter. Morgan Stanley now owns 637,725 shares of the company’s stock worth $134,714,000 after buying an additional 70,909 shares during the last quarter.

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.