Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 1-Year High – Here’s Why

Vanguard Health Care ETF (NYSEARCA:VHT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $277.21 and last traded at $278.0360, with a volume of 35168 shares trading hands. The stock had previously closed at $274.79.

Vanguard Health Care ETF Stock Up 0.6%

The firm has a market cap of $16.88 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. The company’s fifty day moving average is $264.95 and its 200 day moving average is $253.65.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VHT. Smithfield Trust Co acquired a new stake in Vanguard Health Care ETF during the 1st quarter valued at $26,000. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Vanguard Health Care ETF during the 2nd quarter worth about $28,000. Heartwood Wealth Advisors LLC bought a new stake in shares of Vanguard Health Care ETF during the 3rd quarter worth about $33,000. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Health Care ETF during the 2nd quarter worth about $33,000. Finally, Your Advocates Ltd. LLP grew its stake in Vanguard Health Care ETF by 151.7% in the 3rd quarter. Your Advocates Ltd. LLP now owns 151 shares of the company’s stock valued at $39,000 after buying an additional 91 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.