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

Shares of Vanguard Health Care ETF (NYSEARCA:VHT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $314.45 and last traded at $314.00, with a volume of 41551 shares trading hands. The stock had previously closed at $306.67.

Vanguard Health Care ETF Price Performance

The business’s 50-day moving average is $291.27 and its 200 day moving average is $284.86. The firm has a market capitalization of $18.64 billion, a P/E ratio of 20.85 and a beta of 0.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VHT. Versant Capital Management Inc boosted its stake in shares of Vanguard Health Care ETF by 241.7% in the second 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 period. Newbridge Financial Services Group Inc. raised its holdings in Vanguard Health Care ETF by 162.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 105 shares of the company’s stock valued at $30,000 after acquiring an additional 65 shares in the last quarter. Proathlete Wealth Management LLC lifted its position in shares of Vanguard Health Care ETF by 2,625.0% during the 4th quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock valued at $31,000 after acquiring an additional 105 shares during the period. AG Campbell Advisory LLC bought a new stake in shares of Vanguard Health Care ETF during the 4th quarter valued at $36,000. Finally, Valley National Advisers Inc. grew its holdings in shares of Vanguard Health Care ETF by 263.9% during the 4th quarter. Valley National Advisers Inc. now owns 131 shares of the company’s stock worth $37,000 after purchasing an additional 95 shares in the last quarter.

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).