Vanguard Health Care ETF (NYSEARCA:VHT) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Health Care ETF (NYSEARCA:VHT) saw strong trading volume on Monday . 227,748 shares changed hands during mid-day trading, an increase of 4% from the previous session’s volume of 219,746 shares.The stock last traded at $286.46 and had previously closed at $284.13.

Vanguard Health Care ETF Stock Down 0.2%

The stock has a market capitalization of $16.87 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The stock’s 50-day simple moving average is $274.11 and its 200 day simple moving average is $282.89.

Hedge Funds Weigh In On Vanguard Health Care ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone National Bank & Trust Co bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter worth $608,000. Cyndeo Wealth Partners LLC bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter worth $1,125,000. Empirical Asset Management LLC bought a new stake in shares of Vanguard Health Care ETF during the third quarter worth $5,410,000. Trust Co. of Oklahoma increased its position in shares of Vanguard Health Care ETF by 7.7% during the fourth quarter. Trust Co. of Oklahoma now owns 32,618 shares of the company’s stock worth $9,389,000 after acquiring an additional 2,331 shares in the last quarter. Finally, NewEdge Wealth LLC increased its position in shares of Vanguard Health Care ETF by 44.4% during the third quarter. NewEdge Wealth LLC now owns 7,011 shares of the company’s stock worth $1,908,000 after acquiring an additional 2,156 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).