NewEdge Wealth LLC Grows Stock Holdings in Vanguard Health Care ETF $VHT

NewEdge Wealth LLC grew its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 44.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,011 shares of the company’s stock after buying an additional 2,156 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Health Care ETF were worth $1,908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VHT. Bank of America Corp DE lifted its stake in Vanguard Health Care ETF by 30.5% in the second quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock worth $476,586,000 after purchasing an additional 448,964 shares during the last quarter. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Health Care ETF by 1,661.0% in the second quarter. Beacon Capital Management Inc. now owns 360,307 shares of the company’s stock worth $89,479,000 after buying an additional 339,847 shares during the period. PGIM Custom Harvest LLC lifted its stake in shares of Vanguard Health Care ETF by 30.9% during the 2nd quarter. PGIM Custom Harvest LLC now owns 1,346,108 shares of the company’s stock worth $334,293,000 after acquiring an additional 317,681 shares during the last quarter. Laurel Wealth Advisors LLC boosted its holdings in Vanguard Health Care ETF by 24,734.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 74,502 shares of the company’s stock valued at $18,502,000 after acquiring an additional 74,202 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in Vanguard Health Care ETF by 48.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 143,046 shares of the company’s stock valued at $35,524,000 after acquiring an additional 46,633 shares during the period.

Vanguard Health Care ETF Trading Down 0.3%

NYSEARCA:VHT opened at $289.90 on Friday. Vanguard Health Care ETF has a twelve month low of $234.11 and a twelve month high of $298.61. The company has a market cap of $17.44 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. The stock has a fifty day simple moving average of $289.99 and a 200-day simple moving average of $275.07.

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).