Vanguard Health Care ETF (NYSEARCA:VHT) Sees Strong Trading Volume – What’s Next?

by · The Markets Daily

Vanguard Health Care ETF (NYSEARCA:VHT – Get Free Report) saw an uptick in trading volume on Thursday . 276,675 shares traded hands during mid-day trading, an increase of 55% from the previous session’s volume of 178,227 shares.The stock last traded at $250.86 and had previously closed at $252.56.

Vanguard Health Care ETF Trading Up 1.2 %

The stock’s 50 day moving average is $269.38 and its 200 day moving average is $273.45. The stock has a market capitalization of $17.05 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61.

Institutional Investors Weigh In On Vanguard Health Care ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VHT. LPL Financial LLC grew its holdings in shares of Vanguard Health Care ETF by 4.7% during the second quarter. LPL Financial LLC now owns 710,471 shares of the company’s stock worth $188,985,000 after buying an additional 32,177 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Health Care ETF by 1.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 473,588 shares of the company’s stock worth $125,989,000 after purchasing an additional 8,594 shares during the last quarter. Morningstar Investment Management LLC grew its position in shares of Vanguard Health Care ETF by 0.7% in the second quarter. Morningstar Investment Management LLC now owns 273,439 shares of the company’s stock valued at $72,735,000 after purchasing an additional 1,908 shares during the period. Stifel Financial Corp lifted its position in Vanguard Health Care ETF by 1.9% during the third quarter. Stifel Financial Corp now owns 191,711 shares of the company’s stock worth $54,104,000 after buying an additional 3,625 shares during the period. Finally, Invictus Private Wealth LLC boosted its stake in Vanguard Health Care ETF by 1.9% in the 3rd quarter. Invictus Private Wealth LLC now owns 150,807 shares of the company’s stock worth $42,558,000 after buying an additional 2,852 shares during the last quarter.

Vanguard Health Care ETF Company Profile

(Get Free Report)

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.

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