Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) saw strong trading volume on Wednesday . 86,174 shares traded hands during mid-day trading, an increase of 60% from the previous session’s volume of 53,948 shares.The stock last traded at $398.82 and had previously closed at $400.71.

Vanguard Consumer Discretionary ETF Price Performance

The stock has a 50 day moving average of $362.13 and a 200 day moving average of $333.63. The firm has a market cap of $6.76 billion, a P/E ratio of 27.74 and a beta of 1.31.

Hedge Funds Weigh In On Vanguard Consumer Discretionary ETF

Several institutional investors and hedge funds have recently bought and sold shares of VCR. Oppenheimer & Co. Inc. raised its holdings in shares of Vanguard Consumer Discretionary ETF by 7.7% during the second quarter. Oppenheimer & Co. Inc. now owns 5,830 shares of the company’s stock valued at $1,821,000 after acquiring an additional 419 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new position in shares of Vanguard Consumer Discretionary ETF during the second quarter valued at about $36,000. Daymark Wealth Partners LLC bought a new position in Vanguard Consumer Discretionary ETF in the second quarter worth about $3,256,000. Cubist Systematic Strategies LLC purchased a new stake in Vanguard Consumer Discretionary ETF in the second quarter worth about $302,000. Finally, Rothschild Investment LLC bought a new stake in Vanguard Consumer Discretionary ETF during the 2nd quarter valued at approximately $261,000.

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).