Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sets New 1-Year High – Time to Buy?

Vanguard Consumer Discretionary ETF (NYSEARCA:VCR)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $343.75 and last traded at $343.54, with a volume of 15883 shares traded. The stock had previously closed at $337.81.

Vanguard Consumer Discretionary ETF Stock Performance

The firm’s 50 day moving average is $331.31 and its 200 day moving average is $317.57. The stock has a market cap of $6.11 billion, a P/E ratio of 27.74 and a beta of 1.31.

Institutional Investors Weigh In On Vanguard Consumer Discretionary ETF

Institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its holdings in shares of Vanguard Consumer Discretionary ETF by 2,990,669.4% during the third quarter. International Assets Investment Management LLC now owns 6,639,508 shares of the company’s stock valued at $2,260,620,000 after buying an additional 6,639,286 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Consumer Discretionary ETF by 2.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 177,913 shares of the company’s stock worth $55,569,000 after buying an additional 3,537 shares during the last quarter. LPL Financial LLC raised its holdings in Vanguard Consumer Discretionary ETF by 4.3% in the 2nd quarter. LPL Financial LLC now owns 151,644 shares of the company’s stock valued at $47,363,000 after acquiring an additional 6,312 shares during the last quarter. KCM Investment Advisors LLC lifted its position in Vanguard Consumer Discretionary ETF by 2.6% during the first quarter. KCM Investment Advisors LLC now owns 83,681 shares of the company’s stock worth $26,588,000 after buying an additional 2,117 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Vanguard Consumer Discretionary ETF by 377.1% in the 1st quarter. Cetera Investment Advisers now owns 82,828 shares of the company’s stock valued at $26,317,000 after buying an additional 65,467 shares in the last quarter.

About Vanguard Consumer Discretionary ETF

Vanguard Consumer Discretionary ETF is an exchange-traded share class of Vanguard Consumer Discretionary Index Fund. It employs investment approach designed to track the performance of the Morgan Stanley Capital International United States Investable Market Consumer Discretionary Index, an Index of stocks of large, medium, and small United States companies in the consumer discretionary sector, as classified under the Global Industry Classification Standard (GICS).