PNC Financial Services Group Inc. Cuts Stake in Vanguard Health Care ETF $VHT

PNC Financial Services Group Inc. decreased its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 4.2% in the second quarter, Holdings Channel.com reports. The fund owned 162,888 shares of the company’s stock after selling 7,156 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Health Care ETF were worth $40,452,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Wealth Alliance LLC lifted its stake in Vanguard Health Care ETF by 2.8% in the 2nd quarter. Wealth Alliance LLC now owns 2,465 shares of the company’s stock worth $612,000 after purchasing an additional 66 shares in the last quarter. Nwam LLC increased its holdings in shares of Vanguard Health Care ETF by 27.7% in the second quarter. Nwam LLC now owns 1,488 shares of the company’s stock worth $368,000 after purchasing an additional 323 shares during the last quarter. Aspen Wealth Strategies LLC lifted its position in shares of Vanguard Health Care ETF by 7.2% in the second quarter. Aspen Wealth Strategies LLC now owns 1,856 shares of the company’s stock worth $461,000 after buying an additional 125 shares in the last quarter. Ibex Wealth Advisors purchased a new stake in shares of Vanguard Health Care ETF in the second quarter worth about $753,000. Finally, Davis R M Inc. bought a new position in Vanguard Health Care ETF during the second quarter valued at approximately $453,000.

Vanguard Health Care ETF Price Performance

NYSEARCA VHT opened at $283.75 on Friday. Vanguard Health Care ETF has a 1-year low of $234.11 and a 1-year high of $287.05. The business has a 50 day simple moving average of $265.51 and a two-hundred day simple moving average of $253.86. The stock has a market capitalization of $16.73 billion, a PE ratio of 20.85 and a beta of 0.67.

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.