Vanguard Health Care ETF (NYSEARCA:VHT – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 251,707 shares, a growth of 83.5% from the August 15th total of 137,163 shares. Based on an average trading volume of 224,417 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the company’s stock are short sold.
Vanguard Health Care ETF Price Performance
VHT stock traded up $2.54 during mid-day trading on Thursday, reaching $317.19. The company had a trading volume of 172,992 shares, compared to its average volume of 228,176. The stock has a 50 day simple moving average of $313.19 and a two-hundred day simple moving average of $291.69. The company has a market capitalization of $18.88 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. Vanguard Health Care ETF has a 52 week low of $249.57 and a 52 week high of $330.75.
Hedge Funds Weigh In On Vanguard Health Care ETF
Several hedge funds and other institutional investors have recently made changes to their positions in VHT. Rooted Wealth Advisors Inc. raised its holdings in shares of Vanguard Health Care ETF by 48.6% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 9,072 shares of the company’s stock worth $2,621,000 after buying an additional 2,967 shares in the last quarter. World Investment Advisors boosted its stake in Vanguard Health Care ETF by 211.9% in the fourth quarter. World Investment Advisors now owns 8,952 shares of the company’s stock valued at $2,577,000 after buying an additional 6,082 shares in the last quarter. Kinloch Capital LLC acquired a new stake in Vanguard Health Care ETF in the fourth quarter valued at about $6,385,000. Royal Fund Management LLC grew its position in Vanguard Health Care ETF by 6.4% in the second quarter. Royal Fund Management LLC now owns 35,235 shares of the company’s stock valued at $10,536,000 after acquiring an additional 2,114 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. acquired a new position in Vanguard Health Care ETF during the fourth quarter worth about $1,569,000.
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).
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