Sumitomo Mitsui Financial Group Inc. Increases Stake in Vanguard Health Care ETF $VHT

Sumitomo Mitsui Financial Group Inc. raised its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 8.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,336 shares of the company’s stock after buying an additional 350 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Health Care ETF were worth $1,077,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VHT. PGIM Custom Harvest LLC raised its stake in shares of Vanguard Health Care ETF by 2.4% in the first quarter. PGIM Custom Harvest LLC now owns 1,028,427 shares of the company’s stock valued at $272,256,000 after acquiring an additional 24,291 shares in the last quarter. Royal Bank of Canada increased its holdings in Vanguard Health Care ETF by 33.3% during the 1st quarter. Royal Bank of Canada now owns 617,304 shares of the company’s stock worth $163,418,000 after purchasing an additional 154,284 shares during the period. Morningstar Investment Management LLC increased its holdings in Vanguard Health Care ETF by 39.8% during the 2nd quarter. Morningstar Investment Management LLC now owns 405,130 shares of the company’s stock worth $100,610,000 after purchasing an additional 115,252 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in Vanguard Health Care ETF in the 2nd quarter valued at about $80,903,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Vanguard Health Care ETF by 6.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 268,753 shares of the company’s stock valued at $71,147,000 after buying an additional 15,846 shares during the period.

Vanguard Health Care ETF Stock Performance

Shares of Vanguard Health Care ETF stock opened at $295.79 on Thursday. The business has a 50-day simple moving average of $270.99 and a 200-day simple moving average of $256.23. Vanguard Health Care ETF has a one year low of $234.11 and a one year high of $296.51. The company has a market cap of $17.44 billion, a PE ratio of 20.85 and a beta of 0.67.

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.