Hennion & Walsh Asset Management Inc. Expands Stake in Vanguard Consumer Staples ETF

Hennion & Walsh Asset Management Inc. has increased its investment in the Vanguard Consumer Staples ETF (NYSEARCA:VDC) by 5.8% during the third quarter. This information comes from their latest filing with the Securities and Exchange Commission (SEC). Following this acquisition, the institutional investor now owns 1,571 shares of VDC after buying an additional 86 shares in the most recent quarter. As of the latest disclosure, the total value of Hennion & Walsh's holdings in the Vanguard Consumer Staples ETF is approximately $343,000.

Other institutional investors have been adjusting their positions in Vanguard Consumer Staples ETF as well. Notably, &PARTNERS established a new stake in the ETF valued at about $337,000 during the second quarter. Additionally, O Shaughnessy Asset Management LLC increased its holdings in the ETF by 4.3% in the first quarter, now owning 1,321 shares valued at $270,000 after acquiring 54 more shares. Mission Wealth Management LP also raised its stake by 3.3% in the same quarter, currently holding 3,847 shares with a total worth of $785,000 after buying 122 shares. Meanwhile, EverSource Wealth Advisors LLC boosted its holdings significantly by 175.3% in the first quarter, now owning 223 shares valued at $45,000 after acquiring 142 additional shares. Financial Perspectives Inc. further increased its stake by 3.4% in the second quarter, now holding 9,947 shares worth $2,020,000 after adding 328 shares to its position.

Vanguard Consumer Staples ETF Price Overview

The Vanguard Consumer Staples ETF (VDC) opened at $213.16 on the last Wednesday. The ETF has a market capitalization of $6.92 billion, with a P/E ratio of 25.58 and a beta of 0.48. Over the past year, VDC has recorded a low of $177.06 and a high of $222.25. The ETF's simple moving averages stand at $217.29 for the 50-day and $209.37 for the 200-day period.

Understanding Vanguard Consumer Staples ETF

The Vanguard Consumer Staples ETF is an exchange-traded fund that represents a share class of the Vanguard Consumer Staples Index Fund. The objective of this fund is to replicate the investment performance of the MSCI US Investable Market Consumer Staples 25/50 Index, which includes a wide range of large-, mid-, and small-cap stocks in the consumer staples sector as defined by the Global Industry Classification Standard (GICS).

Hennion, Walsh, Vanguard