Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 12-Month High – Time to Buy?

Vanguard Health Care ETF (NYSEARCA:VHT)’s stock price reached a new 52-week high on Monday . The company traded as high as $315.00 and last traded at $314.00, with a volume of 41479 shares changing hands. The stock had previously closed at $312.12.

Vanguard Health Care ETF Price Performance

The firm has a market capitalization of $18.78 billion, a PE ratio of 20.85 and a beta of 0.59. The stock has a 50-day moving average price of $296.78 and a 200-day moving average price of $285.86.

Institutional Investors Weigh In On Vanguard Health Care ETF

Hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc boosted its stake in shares of Vanguard Health Care ETF by 241.7% during the 2nd quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock valued at $25,000 after buying an additional 58 shares during the last quarter. Proathlete Wealth Management LLC increased its stake in shares of Vanguard Health Care ETF by 2,625.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock worth $31,000 after buying an additional 105 shares during the last quarter. AG Campbell Advisory LLC bought a new stake in shares of Vanguard Health Care ETF in the fourth quarter worth $36,000. Valley National Advisers Inc. increased its stake in shares of Vanguard Health Care ETF by 263.9% in the fourth quarter. Valley National Advisers Inc. now owns 131 shares of the company’s stock worth $37,000 after buying an additional 95 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Vanguard Health Care ETF in the fourth quarter valued at $37,000.

Vanguard Health Care ETF Company 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).