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

Royal Fund Management LLC increased its position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 6.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,235 shares of the company’s stock after purchasing an additional 2,114 shares during the period. Vanguard Health Care ETF accounts for about 0.9% of Royal Fund Management LLC’s holdings, making the stock its 25th biggest holding. Royal Fund Management LLC’s holdings in Vanguard Health Care ETF were worth $10,536,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in Vanguard Health Care ETF in the fourth quarter valued at approximately $251,293,000. Bank of America Corp DE lifted its stake in shares of Vanguard Health Care ETF by 30.5% in the 2nd 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 during the last quarter. Morgan Stanley raised its stake in shares of Vanguard Health Care ETF by 9.5% in the 4th quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock valued at $464,893,000 after acquiring an additional 140,350 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Vanguard Health Care ETF by 2,388.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock worth $34,151,000 after buying an additional 113,873 shares during the period. Finally, UBS Group AG lifted its stake in Vanguard Health Care ETF by 8.8% during the 3rd quarter. UBS Group AG now owns 1,305,197 shares of the company’s stock worth $338,829,000 after acquiring an additional 105,050 shares in the last quarter.

Vanguard Health Care ETF Stock Performance

NYSEARCA VHT opened at $316.68 on Thursday. The firm has a 50 day simple moving average of $299.27 and a 200-day simple moving average of $286.35. Vanguard Health Care ETF has a one year low of $244.47 and a one year high of $318.85. The firm has a market cap of $18.85 billion, a price-to-earnings ratio of 20.85 and a beta of 0.59.

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. 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).