Truist Financial Corp Trims Stock Holdings in Vanguard Health Care ETF $VHT

Truist Financial Corp lowered its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 4.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 95,138 shares of the company’s stock after selling 4,131 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Health Care ETF were worth $24,698,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VHT. Capital Management Associates Inc boosted its position in shares of Vanguard Health Care ETF by 0.7% in the third quarter. Capital Management Associates Inc now owns 5,409 shares of the company’s stock worth $1,404,000 after purchasing an additional 39 shares during the period. Vermillion Wealth Management Inc. raised its stake in Vanguard Health Care ETF by 9.7% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 462 shares of the company’s stock valued at $120,000 after purchasing an additional 41 shares during the period. First Trust Advisors LP boosted its stake in Vanguard Health Care ETF by 0.6% in the 2nd quarter. First Trust Advisors LP now owns 7,156 shares of the company’s stock worth $1,777,000 after purchasing an additional 44 shares during the period. Praetorian Wealth Management Inc. grew its holdings in Vanguard Health Care ETF by 0.3% during the 3rd quarter. Praetorian Wealth Management Inc. now owns 14,032 shares of the company’s stock valued at $3,653,000 after buying an additional 45 shares in the last quarter. Finally, Sound View Wealth Advisors Group LLC raised its position in shares of Vanguard Health Care ETF by 0.3% during the second quarter. Sound View Wealth Advisors Group LLC now owns 15,086 shares of the company’s stock valued at $3,746,000 after buying an additional 50 shares during the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of NYSEARCA:VHT opened at $287.28 on Friday. The firm has a market cap of $17.29 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. The firm has a fifty day moving average price of $290.05 and a 200 day moving average price of $270.41. Vanguard Health Care ETF has a fifty-two week low of $234.11 and a fifty-two week high of $298.61.

Vanguard Health Care ETF 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).