HighTower Advisors LLC Cuts Stake in Vanguard Health Care ETF $VHT

HighTower Advisors LLC cut its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 4.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 56,874 shares of the company’s stock after selling 2,603 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Health Care ETF were worth $14,765,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Twin Peaks Wealth Advisors LLC purchased a new position in Vanguard Health Care ETF in the 2nd quarter worth $28,000. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Health Care ETF during the second quarter valued at about $33,000. Heartwood Wealth Advisors LLC bought a new position in shares of Vanguard Health Care ETF during the third quarter valued at about $33,000. Your Advocates Ltd. LLP increased its holdings in shares of Vanguard Health Care ETF by 151.7% in the third quarter. Your Advocates Ltd. LLP now owns 151 shares of the company’s stock worth $39,000 after buying an additional 91 shares during the period. Finally, Princeton Global Asset Management LLC purchased a new position in shares of Vanguard Health Care ETF in the third quarter worth about $52,000.

Vanguard Health Care ETF Price Performance

Shares of VHT stock opened at $289.90 on Friday. The stock has a market capitalization of $17.44 billion, a PE ratio of 20.85 and a beta of 0.67. Vanguard Health Care ETF has a 1-year low of $234.11 and a 1-year high of $298.61. The business has a 50-day moving average of $289.99 and a 200 day moving average of $274.86.

Vanguard Health Care ETF Profile

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).