Gradient Capital Advisors LLC Cuts Stake in Vanguard Health Care ETF (NYSEARCA:VHT)

Gradient Capital Advisors LLC decreased its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,165 shares of the company’s stock after selling 59 shares during the period. Gradient Capital Advisors LLC’s holdings in Vanguard Health Care ETF were worth $803,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC lifted its holdings in Vanguard Health Care ETF by 25,304.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 248,966 shares of the company’s stock valued at $63,160,000 after acquiring an additional 247,986 shares during the period. Cedar Mountain Advisors LLC increased its holdings in shares of Vanguard Health Care ETF by 293.3% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 49,708 shares of the company’s stock valued at $14,028,000 after purchasing an additional 37,068 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of Vanguard Health Care ETF in the fourth quarter valued at about $8,755,000. Invst LLC lifted its stake in shares of Vanguard Health Care ETF by 3,136.7% in the third quarter. Invst LLC now owns 29,130 shares of the company’s stock valued at $8,220,000 after purchasing an additional 28,230 shares during the period. Finally, Founders Grove Wealth Partners LLC purchased a new stake in Vanguard Health Care ETF during the fourth quarter worth about $5,801,000.

Vanguard Health Care ETF Trading Down 0.3 %

Shares of Vanguard Health Care ETF stock opened at $268.16 on Wednesday. The company has a 50-day moving average of $262.15 and a two-hundred day moving average of $272.07. Vanguard Health Care ETF has a 12-month low of $250.07 and a 12-month high of $289.14. The stock has a market cap of $18.00 billion, a PE ratio of 23.22 and a beta of 0.61.

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.