Vanguard Consumer Staples ETF (NYSEARCA:VDC) Sees Large Decline in Short Interest

Vanguard Consumer Staples ETF (NYSEARCA:VDC) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 54,312 shares, a decrease of 53.6% from the July 15th total of 117,122 shares. Based on an average daily volume of 144,512 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Vanguard Consumer Staples ETF

Several institutional investors have recently made changes to their positions in VDC. JFS Wealth Advisors LLC purchased a new stake in Vanguard Consumer Staples ETF in the second quarter worth about $25,000. Curio Wealth LLC purchased a new position in Vanguard Consumer Staples ETF during the 4th quarter valued at about $27,000. Howe & Rusling Inc. increased its position in Vanguard Consumer Staples ETF by 137.0% during the 1st 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 stake in shares of Vanguard Consumer Staples ETF in the 1st quarter valued at about $30,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Consumer Staples ETF in the 4th quarter valued at about $31,000.

Vanguard Consumer Staples ETF Stock Performance

VDC traded up $0.19 during trading on Friday, hitting $233.28. 93,084 shares of the stock were exchanged, compared to its average volume of 171,095. The firm has a 50 day simple moving average of $229.39 and a 200 day simple moving average of $229.88. The firm has a market cap of $8.06 billion, a price-to-earnings ratio of 22.76 and a beta of 0.50. Vanguard Consumer Staples ETF has a 1 year low of $205.45 and a 1 year high of $244.33.

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.