Summit Global Investments Invests $5.50 Million in Vanguard Consumer Discretionary ETF (NYSEARCA:VCR)

Summit Global Investments bought a new stake in shares of Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 18,060 shares of the company’s stock, valued at approximately $5,500,000. Summit Global Investments owned about 0.11% of Vanguard Consumer Discretionary ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its stake in Vanguard Consumer Discretionary ETF by 15.4% in the fourth quarter. Fisher Asset Management LLC now owns 2,070 shares of the company’s stock valued at $631,000 after acquiring an additional 277 shares during the period. Robertson Stephens Wealth Management LLC lifted its stake in Vanguard Consumer Discretionary ETF by 49.6% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 2,689 shares of the company’s stock worth $819,000 after purchasing an additional 891 shares during the period. Win Advisors Inc. acquired a new stake in shares of Vanguard Consumer Discretionary ETF in the fourth quarter valued at approximately $3,014,000. Truist Financial Corp grew its holdings in Vanguard Consumer Discretionary ETF by 2.1% during the 4th quarter. Truist Financial Corp now owns 57,445 shares of the company’s stock worth $17,495,000 after acquiring an additional 1,156 shares during the period. Finally, Simplex Trading LLC lifted its position in Vanguard Consumer Discretionary ETF by 116.2% in the 4th quarter. Simplex Trading LLC now owns 629 shares of the company’s stock valued at $191,000 after acquiring an additional 338 shares in the last quarter.

Vanguard Consumer Discretionary ETF Trading Up 1.3 %

Shares of Vanguard Consumer Discretionary ETF stock traded up $3.83 during trading on Thursday, hitting $303.56. 31,284 shares of the stock were exchanged, compared to its average volume of 63,898. Vanguard Consumer Discretionary ETF has a 1-year low of $244.07 and a 1-year high of $319.44. The stock has a market capitalization of $5.39 billion, a price-to-earnings ratio of 27.74 and a beta of 1.31. The company has a fifty day moving average price of $308.58 and a 200-day moving average price of $295.79.

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).