Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 52-Week High – Time to Buy?

Vanguard Health Care ETF (NYSEARCA:VHT) shares hit a new 52-week high on Monday . The company traded as high as $315.00 and last traded at $314.00, with a volume of 41479 shares changing hands. The stock had previously closed at $312.12.

Vanguard Health Care ETF Stock Performance

The stock has a market cap of $18.79 billion, a price-to-earnings ratio of 20.85 and a beta of 0.59. The company’s 50 day simple moving average is $298.44 and its two-hundred day simple moving average is $286.20.

Institutional Trading of Vanguard Health Care ETF

A number of institutional investors have recently added to or reduced their stakes in VHT. Trust Co. of Vermont acquired a new stake in shares of Vanguard Health Care ETF in the second quarter worth about $30,104,000. Private Management Group Inc. acquired a new position in shares of Vanguard Health Care ETF during the 2nd quarter valued at about $239,000. Integrity Alliance LLC. increased its holdings in shares of Vanguard Health Care ETF by 41.1% during the 2nd quarter. Integrity Alliance LLC. now owns 2,589 shares of the company’s stock valued at $774,000 after acquiring an additional 754 shares during the last quarter. HUB Investment Partners LLC raised its stake in shares of Vanguard Health Care ETF by 315.4% in the 2nd quarter. HUB Investment Partners LLC now owns 3,776 shares of the company’s stock valued at $1,129,000 after acquiring an additional 2,867 shares in the last quarter. Finally, Narus Financial Partners LLC raised its stake in shares of Vanguard Health Care ETF by 8.0% in the 2nd quarter. Narus Financial Partners LLC now owns 1,452 shares of the company’s stock valued at $434,000 after acquiring an additional 108 shares in the last quarter.

Vanguard Health Care ETF Company 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).