Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 12-Month High – Should You Buy?

Vanguard Health Care ETF (NYSEARCA:VHT) shares hit a new 52-week high on Wednesday . The company traded as high as $311.67 and last traded at $310.29, with a volume of 248679 shares trading hands. The stock had previously closed at $305.80.

Vanguard Health Care ETF Stock Up 0.0%

The firm’s 50-day moving average is $283.83 and its 200-day moving average is $283.79. The company has a market cap of $18.25 billion, a PE ratio of 20.85 and a beta of 0.60.

Institutional Trading of Vanguard Health Care ETF

Several large investors have recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Vanguard Health Care ETF in the 4th quarter worth approximately $251,293,000. Bank of America Corp DE boosted its position in shares of Vanguard Health Care ETF by 30.5% during the second quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock valued at $476,586,000 after purchasing an additional 448,964 shares in the last quarter. Morgan Stanley boosted its position in shares of Vanguard Health Care ETF by 9.5% during the fourth quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after purchasing an additional 140,350 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in Vanguard Health Care ETF by 2,388.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock worth $34,151,000 after purchasing an additional 113,873 shares during the period. Finally, Lido Advisors LLC purchased a new stake in Vanguard Health Care ETF in the third quarter worth $28,576,000.

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).