Potomac Fund Management Inc. ADV Takes $22.97 Million Position in Vanguard Health Care ETF $VHT

Potomac Fund Management Inc. ADV bought a new stake in Vanguard Health Care ETF (NYSEARCA:VHT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 79,799 shares of the company’s stock, valued at approximately $22,970,000. Vanguard Health Care ETF comprises approximately 0.8% of Potomac Fund Management Inc. ADV’s holdings, making the stock its 13th largest holding. Potomac Fund Management Inc. ADV owned 0.13% of Vanguard Health Care ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. MML Investors Services LLC raised its holdings in shares of Vanguard Health Care ETF by 3.5% in the fourth quarter. MML Investors Services LLC now owns 120,958 shares of the company’s stock valued at $34,818,000 after buying an additional 4,116 shares during the last quarter. Mariner LLC raised its holdings in shares of Vanguard Health Care ETF by 2.5% in the fourth quarter. Mariner LLC now owns 77,595 shares of the company’s stock valued at $22,336,000 after buying an additional 1,917 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Vanguard Health Care ETF by 116.4% in the fourth quarter. Focus Partners Wealth now owns 136,677 shares of the company’s stock valued at $39,343,000 after buying an additional 73,530 shares during the last quarter. Glen Eagle Advisors LLC raised its holdings in shares of Vanguard Health Care ETF by 7.5% in the fourth quarter. Glen Eagle Advisors LLC now owns 912 shares of the company’s stock valued at $263,000 after buying an additional 64 shares during the last quarter. Finally, Cornerstone Financial Management LLC purchased a new position in Vanguard Health Care ETF during the fourth quarter worth about $52,000.

Vanguard Health Care ETF Price Performance

NYSEARCA VHT opened at $286.46 on Monday. The stock has a market capitalization of $17.04 billion, a P/E ratio of 20.85 and a beta of 0.62. Vanguard Health Care ETF has a 52-week low of $237.23 and a 52-week high of $298.61. The firm has a 50-day moving average price of $275.69 and a 200 day moving average price of $282.89.

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).