McGinn Penninger Investment Management Inc. Reduces Stock Position in Vanguard Health Care ETF $VHT

McGinn Penninger Investment Management Inc. lessened its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 8.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,737 shares of the company’s stock after selling 255 shares during the quarter. Vanguard Health Care ETF comprises about 0.4% of McGinn Penninger Investment Management Inc.’s investment portfolio, making the stock its 29th biggest holding. McGinn Penninger Investment Management Inc.’s holdings in Vanguard Health Care ETF were worth $680,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Smithfield Trust Co bought a new position in shares of Vanguard Health Care ETF in the 1st quarter worth approximately $26,000. Wayfinding Financial LLC bought a new position in shares of Vanguard Health Care ETF in the 1st quarter worth approximately $29,000. Woodside Wealth Management LLC bought a new position in shares of Vanguard Health Care ETF in the 1st quarter worth approximately $35,000. Hilltop National Bank bought a new position in shares of Vanguard Health Care ETF in the 2nd quarter worth approximately $38,000. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Vanguard Health Care ETF in the 2nd quarter worth approximately $43,000.

Vanguard Health Care ETF Stock Down 0.1%

Shares of NYSEARCA:VHT opened at $270.13 on Tuesday. The firm’s 50 day moving average price is $262.04 and its 200-day moving average price is $252.29. Vanguard Health Care ETF has a twelve month low of $234.11 and a twelve month high of $278.61. The stock has a market capitalization of $15.93 billion, a PE ratio of 20.85 and a beta of 0.67.

Vanguard Health Care ETF 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.