Northwestern Mutual Wealth Management Co. trimmed its holdings in Vanguard Health Care ETF (NYSEARCA:VHT – Free Report) by 6.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 237,159 shares of the company’s stock after selling 16,502 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.40% of Vanguard Health Care ETF worth $70,913,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of VHT. Clal Insurance Enterprises Holdings Ltd bought a new stake in Vanguard Health Care ETF in the fourth quarter worth $251,293,000. Bank of America Corp DE boosted its stake in shares of Vanguard Health Care ETF by 30.5% during the 2nd quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock worth $476,586,000 after acquiring an additional 448,964 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Health Care ETF by 9.5% during the 4th quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after acquiring an additional 140,350 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of Vanguard Health Care ETF by 2,388.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock valued at $34,151,000 after acquiring an additional 113,873 shares during the last quarter. Finally, UBS Group AG raised its stake in shares of Vanguard Health Care ETF by 8.8% in the 3rd quarter. UBS Group AG now owns 1,305,197 shares of the company’s stock valued at $338,829,000 after acquiring an additional 105,050 shares in the last quarter.
Vanguard Health Care ETF Stock Up 0.5%
NYSEARCA:VHT opened at $321.59 on Wednesday. The company’s 50 day moving average is $309.95 and its 200-day moving average is $289.67. Vanguard Health Care ETF has a 12 month low of $249.57 and a 12 month high of $330.75. The firm has a market cap of $19.14 billion, a price-to-earnings ratio of 20.85 and a beta of 0.59.
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. 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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