Redhawk Wealth Advisors Inc. Lowers Position in Vanguard Health Care ETF $VHT

Redhawk Wealth Advisors Inc. decreased its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 52.8% during the 2nd quarter, Holdings Channel reports. The fund owned 1,587 shares of the company’s stock after selling 1,777 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Health Care ETF were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Health Care ETF Trading Down 0.3%

Shares of VHT opened at $315.71 on Wednesday. Vanguard Health Care ETF has a twelve month low of $241.20 and a twelve month high of $318.85. The firm has a market capitalization of $18.79 billion, a P/E ratio of 20.85 and a beta of 0.59. The firm’s 50-day moving average is $298.44 and its two-hundred day moving average is $286.20.

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).