LPL Financial LLC Increases Stake in Vanguard Health Care ETF $VHT

LPL Financial LLC raised its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 6.8% during the fourth quarter, HoldingsChannel reports. The firm owned 806,286 shares of the company’s stock after purchasing an additional 51,515 shares during the period. LPL Financial LLC’s holdings in Vanguard Health Care ETF were worth $232,089,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp purchased a new position in Vanguard Health Care ETF in the 3rd quarter valued at $26,000. Newbridge Financial Services Group Inc. grew its position in shares of Vanguard Health Care ETF by 162.5% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 105 shares of the company’s stock valued at $30,000 after purchasing an additional 65 shares in the last quarter. Proathlete Wealth Management LLC grew its position in shares of Vanguard Health Care ETF by 2,625.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Vanguard Health Care ETF in the fourth quarter valued at approximately $37,000. Finally, Valley National Advisers Inc. grew its position in shares of Vanguard Health Care ETF by 263.9% in the fourth quarter. Valley National Advisers Inc. now owns 131 shares of the company’s stock valued at $37,000 after purchasing an additional 95 shares in the last quarter.

Vanguard Health Care ETF Price Performance

VHT stock opened at $287.39 on Wednesday. The business has a 50 day simple moving average of $274.81 and a 200-day simple moving average of $282.91. The firm has a market capitalization of $17.09 billion, a PE ratio of 20.85 and a beta of 0.62. Vanguard Health Care ETF has a 1 year low of $237.23 and a 1 year 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).