Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 1-Year High – Should You Buy?

Vanguard Health Care ETF (NYSEARCA:VHT)’s stock price hit a new 52-week high on Wednesday. The stock traded as high as $349.01 and last traded at $348.9320, with a volume of 217,013 shares trading hands. The stock had previously closed at $340.80.

Vanguard Health Care ETF Price Performance

The firm has a market capitalization of $21.18 billion, a price-to-earnings ratio of 20.85 and a beta of 0.57. The business’s 50 day moving average price is $322.61 and its 200-day moving average price is $296.97.

Hedge Funds Weigh In On Vanguard Health Care ETF

Large investors have recently modified their holdings of the business. Trilogy Capital Inc. grew its stake in shares of Vanguard Health Care ETF by 3.6% during the 2nd quarter. Trilogy Capital Inc. now owns 973 shares of the company’s stock worth $291,000 after purchasing an additional 34 shares during the period. Smith Chas P & Associates PA Cpas lifted its position in shares of Vanguard Health Care ETF by 0.7% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 5,326 shares of the company’s stock valued at $1,593,000 after acquiring an additional 35 shares during the period. Finward Bancorp boosted its stake in shares of Vanguard Health Care ETF by 1.8% during the 3rd quarter. Finward Bancorp now owns 2,009 shares of the company’s stock worth $635,000 after acquiring an additional 35 shares in the last quarter. Next Level Wealth Planning LLC grew its holdings in shares of Vanguard Health Care ETF by 4.1% in the 3rd quarter. Next Level Wealth Planning LLC now owns 888 shares of the company’s stock worth $281,000 after acquiring an additional 35 shares during the period. Finally, Nwam LLC grew its holdings in shares of Vanguard Health Care ETF by 2.8% in the 1st quarter. Nwam LLC now owns 1,415 shares of the company’s stock worth $385,000 after acquiring an additional 39 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).