Vanguard Health Care ETF $VHT Stock: Park Avenue Securities LLC Boosts Stake

Park Avenue Securities LLC raised its position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 84.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,102 shares of the company’s stock after buying an additional 2,343 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Health Care ETF were worth $1,613,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in shares of Vanguard Health Care ETF by 241.7% in the 2nd quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock worth $25,000 after buying an additional 58 shares during the period. Valley Wealth Managers Inc. bought a new position in shares of Vanguard Health Care ETF in the 3rd quarter worth about $25,000. NBT Bank N.A. bought a new position in shares of Vanguard Health Care ETF in the 3rd quarter worth about $32,000. Bangor Savings Bank purchased a new position in Vanguard Health Care ETF during the 2nd quarter valued at about $40,000. Finally, Contravisory Investment Management Inc. purchased a new position in Vanguard Health Care ETF during the 3rd quarter valued at about $40,000.

Vanguard Health Care ETF Price Performance

NYSEARCA:VHT opened at $342.33 on Monday. Vanguard Health Care ETF has a one year low of $264.97 and a one year high of $348.26. The company’s 50-day simple moving average is $322.07 and its 200 day simple moving average is $296.49. The firm has a market capitalization of $20.69 billion, a P/E ratio of 20.85 and a beta of 0.59.

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).