Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 1-Year High – Here’s What Happened

Vanguard Health Care ETF (NYSEARCA:VHT)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $314.45 and last traded at $314.00, with a volume of 41551 shares changing hands. The stock had previously closed at $306.67.

Vanguard Health Care ETF Stock Up 2.1%

The firm has a market capitalization of $18.64 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. The stock’s fifty day moving average is $291.27 and its two-hundred day moving average is $284.86.

Hedge Funds Weigh In On Vanguard Health Care ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VHT. Cornerstone National Bank & Trust Co acquired a new stake in Vanguard Health Care ETF during the 4th quarter worth approximately $608,000. Trust Co. of Oklahoma grew its holdings in Vanguard Health Care ETF by 7.7% in the 4th quarter. Trust Co. of Oklahoma now owns 32,618 shares of the company’s stock valued at $9,389,000 after buying an additional 2,331 shares in the last quarter. Royal Fund Management LLC grew its holdings in Vanguard Health Care ETF by 32.8% in the 4th quarter. Royal Fund Management LLC now owns 31,186 shares of the company’s stock valued at $8,994,000 after buying an additional 7,705 shares in the last quarter. Wakefield Asset Management LLLP bought a new position in Vanguard Health Care ETF during the 4th quarter worth $676,000. Finally, Prasad Wealth Partners LLC bought a new position in Vanguard Health Care ETF during the 4th quarter worth $6,874,000.

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).