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

Vanguard Health Care ETF (NYSEARCA:VHT) shares saw an uptick in trading volume on Thursday . 354,096 shares changed hands during mid-day trading, an increase of 58% from the previous session’s volume of 223,677 shares.The stock last traded at $295.01 and had previously closed at $288.73.

Vanguard Health Care ETF Trading Up 2.9%

The stock has a market capitalization of $17.93 billion, a P/E ratio of 20.85 and a beta of 0.62. The company’s 50-day moving average is $278.00 and its two-hundred day moving average is $282.60.

Institutional Investors Weigh In On Vanguard Health Care ETF

Large investors have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in Vanguard Health Care ETF by 30.5% in the 2nd quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock worth $476,586,000 after buying an additional 448,964 shares in the last quarter. Morgan Stanley raised its stake in Vanguard Health Care ETF by 9.5% during the 4th quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after acquiring an additional 140,350 shares in the last quarter. UBS Group AG boosted its position in Vanguard Health Care ETF by 6.4% during the 4th quarter. UBS Group AG now owns 1,388,965 shares of the company’s stock worth $399,814,000 after acquiring an additional 83,768 shares during the period. Clal Insurance Enterprises Holdings Ltd acquired a new position in Vanguard Health Care ETF during the 4th quarter worth $251,293,000. Finally, LPL Financial LLC grew its stake in shares of Vanguard Health Care ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 806,286 shares of the company’s stock worth $232,089,000 after purchasing an additional 51,515 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).