Financial Advocates Investment Management Has $1.21 Million Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Financial Advocates Investment Management raised its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 9.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 4,630 shares of the company’s stock after acquiring an additional 406 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Health Care ETF were worth $1,212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VHT. First Trust Direct Indexing L.P. bought a new position in shares of Vanguard Health Care ETF in the 3rd quarter valued at about $240,000. Capstone Triton Financial Group LLC grew its position in shares of Vanguard Health Care ETF by 12.5% in the 3rd quarter. Capstone Triton Financial Group LLC now owns 7,042 shares of the company’s stock valued at $1,988,000 after acquiring an additional 781 shares during the period. Edge Financial Advisors LLC bought a new position in shares of Vanguard Health Care ETF in the 3rd quarter valued at about $613,000. Better Money Decisions LLC grew its position in shares of Vanguard Health Care ETF by 1.1% in the 3rd quarter. Better Money Decisions LLC now owns 3,815 shares of the company’s stock valued at $1,077,000 after acquiring an additional 40 shares during the period. Finally, Valmark Advisers Inc. grew its position in shares of Vanguard Health Care ETF by 3.3% in the 3rd quarter. Valmark Advisers Inc. now owns 8,474 shares of the company’s stock valued at $2,391,000 after acquiring an additional 272 shares during the period.

Vanguard Health Care ETF Price Performance

Shares of VHT opened at $271.72 on Friday. The firm has a 50-day moving average of $281.12 and a 200-day moving average of $271.94. Vanguard Health Care ETF has a one year low of $225.38 and a one year high of $289.14. The company has a market cap of $18.24 billion, a PE ratio of 23.22 and a beta of 0.61.

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.