Richmond Brothers Inc. Has $7.01 Million Stock Position in Vanguard Health Care ETF $VHT

Richmond Brothers Inc. raised its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 76.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,367 shares of the company’s stock after acquiring an additional 10,534 shares during the quarter. Vanguard Health Care ETF makes up 4.5% of Richmond Brothers Inc.’s portfolio, making the stock its 3rd largest holding. Richmond Brothers Inc.’s holdings in Vanguard Health Care ETF were worth $7,014,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VHT. AQR Capital Management LLC lifted its holdings in shares of Vanguard Health Care ETF by 7.7% during the first quarter. AQR Capital Management LLC now owns 3,942 shares of the company’s stock valued at $1,044,000 after acquiring an additional 283 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Vanguard Health Care ETF during the first quarter valued at $207,000. Empowered Funds LLC acquired a new stake in shares of Vanguard Health Care ETF in the first quarter valued at $414,000. Russell Investments Group Ltd. increased its stake in shares of Vanguard Health Care ETF by 201.9% in the second quarter. Russell Investments Group Ltd. now owns 1,120 shares of the company’s stock valued at $278,000 after buying an additional 749 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Vanguard Health Care ETF by 0.6% in the second quarter. First Trust Advisors LP now owns 7,156 shares of the company’s stock valued at $1,777,000 after buying an additional 44 shares in the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of NYSEARCA:VHT opened at $286.80 on Friday. Vanguard Health Care ETF has a twelve month low of $237.23 and a twelve month high of $298.61. The firm has a market cap of $17.06 billion, a PE ratio of 20.85 and a beta of 0.62. The business has a fifty day moving average of $275.45 and a 200-day moving average of $282.92.

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).