Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 12-Month High – Time to Buy?

Vanguard Health Care ETF (NYSEARCA:VHT) reached a new 52-week high on Friday . The stock traded as high as $289.59 and last traded at $289.6210, with a volume of 244584 shares. The stock had previously closed at $281.77.

Vanguard Health Care ETF Stock Performance

The stock has a fifty day simple moving average of $268.04 and a two-hundred day simple moving average of $254.89. The stock has a market cap of $17.06 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67.

Institutional Trading of Vanguard Health Care ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VHT. Smithfield Trust Co acquired a new position in Vanguard Health Care ETF in the 1st quarter worth about $26,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Vanguard Health Care ETF in the 2nd quarter valued at $28,000. Evolution Wealth Management Inc. bought a new stake in Vanguard Health Care ETF during the second quarter valued at $33,000. Heartwood Wealth Advisors LLC bought a new stake in Vanguard Health Care ETF in the third quarter worth approximately $33,000. Finally, Hilltop National Bank acquired a new position in shares of Vanguard Health Care ETF during the 2nd quarter valued at $38,000.

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.