Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 52-Week High – Here’s What Happened

Vanguard Health Care ETF (NYSEARCA:VHT)’s stock price reached a new 52-week high on Thursday. The company traded as high as $343.58 and last traded at $341.7760, with a volume of 43,786 shares trading hands. The stock had previously closed at $334.46.

Vanguard Health Care ETF Stock Up 0.1%

The firm’s fifty day moving average price is $322.07 and its 200-day moving average price is $296.49. The stock has a market cap of $20.69 billion, a P/E ratio of 20.85 and a beta of 0.59.

Institutional Investors Weigh In On Vanguard Health Care ETF

A number of large investors have recently added to or reduced their stakes in VHT. Bank of America Corp DE lifted its position in Vanguard Health Care ETF by 6.4% during the first quarter. Bank of America Corp DE now owns 1,712,696 shares of the company’s stock valued at $466,419,000 after purchasing an additional 103,206 shares during the period. Everett Harris & Co. CA grew its position in Vanguard Health Care ETF by 0.6% in the 3rd quarter. Everett Harris & Co. CA now owns 737,669 shares of the company’s stock worth $233,162,000 after purchasing an additional 4,069 shares during the period. Allied Investment Advisors LLC grew its position in Vanguard Health Care ETF by 5.4% in the 2nd quarter. Allied Investment Advisors LLC now owns 180,940 shares of the company’s stock worth $54,103,000 after purchasing an additional 9,234 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in Vanguard Health Care ETF by 1.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 138,608 shares of the company’s stock valued at $41,445,000 after buying an additional 2,025 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in Vanguard Health Care ETF by 49.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 132,369 shares of the company’s stock valued at $39,580,000 after buying an additional 43,732 shares during the last quarter.

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).