Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 1-Year High – Here’s Why

Vanguard Health Care ETF (NYSEARCA:VHT)’s stock price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as $343.58 and last traded at $341.7760, with a volume of 43,786 shares traded. The stock had previously closed at $334.46.

Vanguard Health Care ETF Trading Up 1.9%

The firm has a market capitalization of $20.60 billion, a PE ratio of 20.85 and a beta of 0.59. The firm’s fifty day moving average price is $321.45 and its 200 day moving average price is $295.99.

Institutional Trading of Vanguard Health Care ETF

Hedge funds have recently modified their holdings of the stock. Trilogy Capital Inc. grew its stake in shares of Vanguard Health Care ETF by 3.6% during the second quarter. Trilogy Capital Inc. now owns 973 shares of the company’s stock worth $291,000 after purchasing an additional 34 shares during the period. Smith Chas P & Associates PA Cpas increased its holdings in shares of Vanguard Health Care ETF by 0.7% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 5,326 shares of the company’s stock worth $1,593,000 after acquiring an additional 35 shares during the last quarter. Finward Bancorp grew its position in shares of Vanguard Health Care ETF by 1.8% in the third quarter. Finward Bancorp now owns 2,009 shares of the company’s stock valued at $635,000 after purchasing an additional 35 shares during the last quarter. Next Level Wealth Planning LLC raised its stake in Vanguard Health Care ETF by 4.7% in the 2nd quarter. Next Level Wealth Planning LLC now owns 853 shares of the company’s stock worth $255,000 after purchasing an additional 38 shares in the last quarter. Finally, Nwam LLC raised its holdings in Vanguard Health Care ETF by 2.8% in the 1st quarter. Nwam LLC now owns 1,415 shares of the company’s stock valued at $385,000 after acquiring an additional 39 shares in the last quarter.

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).