Vanguard Health Care ETF $VHT Shares Acquired by Sheets Smith Wealth Management
by Tristan Rich · The Markets DailySheets Smith Wealth Management increased its stake in Vanguard Health Care ETF (NYSEARCA:VHT – Free Report) by 89.8% in the second quarter, HoldingsChannel.com reports. The firm owned 9,213 shares of the company’s stock after acquiring an additional 4,359 shares during the quarter. Sheets Smith Wealth Management’s holdings in Vanguard Health Care ETF were worth $2,755,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth about $251,293,000. Bank of America Corp DE increased its holdings in Vanguard Health Care ETF by 30.5% in the second quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock valued at $476,586,000 after buying an additional 448,964 shares in the last quarter. Morgan Stanley increased its holdings in Vanguard Health Care ETF by 9.5% in the fourth quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after buying an additional 140,350 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Vanguard Health Care ETF by 2,388.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock valued at $34,151,000 after acquiring an additional 113,873 shares during the period. Finally, UBS Group AG lifted its position in shares of Vanguard Health Care ETF by 8.8% during the 3rd quarter. UBS Group AG now owns 1,305,197 shares of the company’s stock valued at $338,829,000 after acquiring an additional 105,050 shares during the period.
Vanguard Health Care ETF Price Performance
Shares of NYSEARCA:VHT opened at $320.96 on Friday. The business’s 50 day simple moving average is $308.52 and its 200-day simple moving average is $289.21. The firm has a market capitalization of $19.10 billion, a price-to-earnings ratio of 20.85 and a beta of 0.59. Vanguard Health Care ETF has a 12 month low of $249.57 and a 12 month high of $330.75.
About Vanguard Health Care ETF
Vanguard Health Care ETF seeks to track the investment performance of the MSCI US Investable Market Health Care 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the health care sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of two main industry groups. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).
Recommended Stories
- Five stocks we like better than Vanguard Health Care ETF
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Want to see what other hedge funds are holding VHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Health Care ETF (NYSEARCA:VHT – Free Report).