Vanguard Health Care ETF (NYSEARCA:VHT) Sees Unusually-High Trading Volume – Here’s Why

Shares of Vanguard Health Care ETF (NYSEARCA:VHT) saw unusually-strong trading volume on Thursday . Approximately 354,096 shares were traded during trading, an increase of 58% from the previous session’s volume of 223,677 shares.The stock last traded at $295.01 and had previously closed at $288.73.

Vanguard Health Care ETF Stock Up 1.5%

The stock has a market capitalization of $17.43 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62. The stock’s 50-day simple moving average is $277.20 and its 200 day simple moving average is $282.42.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of VHT. Cornerstone National Bank & Trust Co bought a new stake in Vanguard Health Care ETF during the 4th quarter worth about $608,000. Cyndeo Wealth Partners LLC acquired a new stake in Vanguard Health Care ETF in the 4th quarter valued at about $1,125,000. Empirical Asset Management LLC bought a new position in shares of Vanguard Health Care ETF in the third quarter worth about $5,410,000. Trust Co. of Oklahoma lifted its position in shares of Vanguard Health Care ETF by 7.7% during the fourth quarter. Trust Co. of Oklahoma now owns 32,618 shares of the company’s stock worth $9,389,000 after purchasing an additional 2,331 shares in the last quarter. Finally, Royal Fund Management LLC lifted its position in shares of Vanguard Health Care ETF by 32.8% during the fourth quarter. Royal Fund Management LLC now owns 31,186 shares of the company’s stock worth $8,994,000 after purchasing an additional 7,705 shares in the last quarter.

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).