Royal Fund Management LLC Grows Holdings in Vanguard Health Care ETF $VHT

Royal Fund Management LLC boosted its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 6.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 33,121 shares of the company’s stock after purchasing an additional 1,935 shares during the period. Vanguard Health Care ETF comprises 0.9% of Royal Fund Management LLC’s investment portfolio, making the stock its 29th biggest position. Royal Fund Management LLC’s holdings in Vanguard Health Care ETF were worth $9,033,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cornerstone National Bank & Trust Co purchased a new position in Vanguard Health Care ETF in the fourth quarter valued at about $608,000. Wakefield Asset Management LLLP purchased a new stake in shares of Vanguard Health Care ETF during the 4th quarter worth approximately $676,000. Prasad Wealth Partners LLC bought a new stake in shares of Vanguard Health Care ETF in the 4th quarter worth approximately $6,874,000. BCS Wealth Management raised its holdings in shares of Vanguard Health Care ETF by 153.5% in the 4th quarter. BCS Wealth Management now owns 9,474 shares of the company’s stock worth $2,727,000 after purchasing an additional 5,737 shares during the period. Finally, Tranquilli Financial Advisor LLC lifted its stake in Vanguard Health Care ETF by 186.9% in the fourth quarter. Tranquilli Financial Advisor LLC now owns 14,215 shares of the company’s stock valued at $4,092,000 after purchasing an additional 9,260 shares during the last quarter.

Vanguard Health Care ETF Trading Down 0.6%

Shares of NYSEARCA VHT opened at $311.32 on Thursday. The stock has a fifty day simple moving average of $292.79 and a two-hundred day simple moving average of $285.09. Vanguard Health Care ETF has a 1-year low of $237.23 and a 1-year high of $314.90. The firm has a market cap of $18.53 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60.

About Vanguard Health Care ETF

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).