First Trust Advisors LP Increases Position in Vanguard Health Care ETF $VHT

First Trust Advisors LP grew its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 28.9% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,866 shares of the company’s stock after buying an additional 1,990 shares during the quarter. First Trust Advisors LP’s holdings in Vanguard Health Care ETF were worth $2,414,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VHT. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Vanguard Health Care ETF in the fourth quarter worth $251,293,000. Bank of America Corp DE lifted its position in shares of Vanguard Health Care ETF by 30.5% during 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. Morgan Stanley boosted its stake in shares of Vanguard Health Care ETF by 9.5% during the fourth quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after purchasing an additional 140,350 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of Vanguard Health Care ETF by 2,388.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock valued at $34,151,000 after purchasing an additional 113,873 shares during the period. Finally, UBS Group AG grew its holdings in shares of Vanguard Health Care ETF by 8.8% in the third quarter. UBS Group AG now owns 1,305,197 shares of the company’s stock worth $338,829,000 after purchasing an additional 105,050 shares during the last quarter.

Vanguard Health Care ETF Price Performance

VHT stock opened at $312.12 on Friday. The company has a market capitalization of $18.58 billion, a PE ratio of 20.85 and a beta of 0.59. Vanguard Health Care ETF has a 12 month low of $239.60 and a 12 month high of $314.90. The firm’s 50-day moving average is $296.78 and its 200 day moving average is $285.89.

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).