Sovereign Financial Group Inc. Raises Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Sovereign Financial Group Inc. grew its position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 24.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,393 shares of the company’s stock after purchasing an additional 271 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Health Care ETF were worth $369,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Fairvoy Private Wealth LLC purchased a new position in Vanguard Health Care ETF during the fourth quarter worth about $246,000. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Health Care ETF during the fourth quarter worth about $237,000. Capital Management Associates Inc grew its holdings in shares of Vanguard Health Care ETF by 4.1% during the fourth quarter. Capital Management Associates Inc now owns 1,354 shares of the company’s stock worth $343,000 after purchasing an additional 53 shares in the last quarter. Joel Isaacson & Co. LLC purchased a new position in shares of Vanguard Health Care ETF during the fourth quarter worth about $353,000. Finally, Apollon Wealth Management LLC grew its holdings in shares of Vanguard Health Care ETF by 358.8% during the fourth quarter. Apollon Wealth Management LLC now owns 9,700 shares of the company’s stock worth $2,461,000 after purchasing an additional 7,586 shares in the last quarter.

Vanguard Health Care ETF Price Performance

VHT stock opened at $247.67 on Friday. Vanguard Health Care ETF has a one year low of $234.11 and a one year high of $289.14. The stock has a market cap of $21.61 billion, a PE ratio of 26.90 and a beta of 0.67. The firm has a 50 day simple moving average of $246.48 and a two-hundred day simple moving average of $258.49.

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.