Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 1-Year Low – Should You Sell?

Vanguard Health Care ETF (NYSEARCA:VHT) reached a new 52-week low during trading on Thursday . The company traded as low as $234.11 and last traded at $251.76, with a volume of 804150 shares changing hands. The stock had previously closed at $240.57.

Vanguard Health Care ETF Stock Up 4.7 %

The company has a market capitalization of $21.97 billion, a P/E ratio of 28.31 and a beta of 0.74. The firm has a fifty day simple moving average of $265.08 and a 200-day simple moving average of $267.05.

Vanguard Health Care ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a $0.9396 dividend. The ex-dividend date was Tuesday, March 25th.

Institutional Trading of Vanguard Health Care ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC lifted its position in shares of Vanguard Health Care ETF by 15.2% during the third quarter. FMR LLC now owns 41,069 shares of the company’s stock worth $11,590,000 after acquiring an additional 5,426 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Vanguard Health Care ETF by 237.3% during the third quarter. Kovitz Investment Group Partners LLC now owns 5,450 shares of the company’s stock valued at $1,538,000 after buying an additional 3,834 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of Vanguard Health Care ETF by 70.2% during the third quarter. Sunbelt Securities Inc. now owns 177 shares of the company’s stock valued at $50,000 after buying an additional 73 shares during the last quarter. Soltis Investment Advisors LLC bought a new stake in shares of Vanguard Health Care ETF in the third quarter worth about $244,000. Finally, Invst LLC grew its stake in shares of Vanguard Health Care ETF by 3,136.7% in the third quarter. Invst LLC now owns 29,130 shares of the company’s stock worth $8,220,000 after purchasing an additional 28,230 shares during the last quarter.

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.