Vanguard Health Care ETF (NYSEARCA:VHT) Reaches New 1-Year High – Time to Buy?

Vanguard Health Care ETF (NYSEARCA:VHT – Get Free Report) shares reached a new 52-week high during trading on Wednesday. The company traded as high as $334.17 and last traded at $333.60, with a volume of 229,578 shares changing hands. The stock had previously closed at $325.94.

Vanguard Health Care ETF Price Performance

The stock has a market cap of $20.32 billion, a P/E ratio of 20.85 and a beta of 0.59. The firm’s fifty day moving average price is $320.19 and its two-hundred day moving average price is $299.52.

Hedge Funds Weigh In On Vanguard Health Care ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VHT. Baird Financial Group Inc. increased its position in shares of Vanguard Health Care ETF by 3.9% in the second quarter. Baird Financial Group Inc. now owns 57,247 shares of the company’s stock worth $17,117,000 after purchasing an additional 2,128 shares during the last quarter. CORDA Investment Management LLC. bought a new stake in Vanguard Health Care ETF during the second quarter valued at approximately $1,179,000. Sapient Capital LLC bought a new stake in Vanguard Health Care ETF during the second quarter valued at approximately $1,680,000. Ameritas Advisory Services LLC lifted its position in Vanguard Health Care ETF by 49.3% during the second quarter. Ameritas Advisory Services LLC now owns 132,369 shares of the company’s stock valued at $39,580,000 after purchasing an additional 43,732 shares during the last quarter. Finally, Royal Fund Management LLC grew its stake in Vanguard Health Care ETF by 6.4% in the 2nd quarter. Royal Fund Management LLC now owns 35,235 shares of the company’s stock worth $10,536,000 after buying an additional 2,114 shares in the last quarter.

Vanguard Health Care ETF Company Profile

(Get Free Report)

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).

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