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

Vanguard Health Care ETF (NYSEARCA:VHT) shares reached a new 52-week high during trading on Thursday. The company traded as high as $331.27 and last traded at $330.4880, with a volume of 59,192 shares changing hands. The stock had previously closed at $323.15.

Vanguard Health Care ETF Stock Performance

The stock has a market cap of $20.04 billion, a PE ratio of 20.85 and a beta of 0.59. The business has a 50-day moving average of $318.23 and a 200 day moving average of $296.99.

Institutional Investors Weigh In On Vanguard Health Care ETF

Several hedge funds have recently modified their holdings of VHT. Bank of America Corp DE lifted its stake in shares of Vanguard Health Care ETF by 6.4% during the first quarter. Bank of America Corp DE now owns 1,712,696 shares of the company’s stock valued at $466,419,000 after buying an additional 103,206 shares during the period. Allied Investment Advisors LLC boosted its position in Vanguard Health Care ETF by 5.4% during the second quarter. Allied Investment Advisors LLC now owns 180,940 shares of the company’s stock worth $54,103,000 after acquiring an additional 9,234 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Vanguard Health Care ETF by 1.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 138,608 shares of the company’s stock worth $41,445,000 after acquiring an additional 2,025 shares during the period. Ameritas Advisory Services LLC grew its stake in Vanguard Health Care ETF by 49.3% in the 2nd quarter. Ameritas Advisory Services LLC now owns 132,369 shares of the company’s stock worth $39,580,000 after acquiring an additional 43,732 shares during the period. Finally, Armstrong Advisory Group Inc. grew its stake in Vanguard Health Care ETF by 0.3% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 117,799 shares of the company’s stock worth $37,234,000 after acquiring an additional 369 shares during the period.

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).