Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 52-Week High – What’s Next?

Vanguard Health Care ETF (NYSEARCA:VHT)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $298.66 and last traded at $298.38, with a volume of 33365 shares. The stock had previously closed at $293.03.

Vanguard Health Care ETF Stock Performance

The company has a fifty day simple moving average of $277.50 and a two-hundred day simple moving average of $282.46. The stock has a market capitalization of $17.89 billion, a price-to-earnings ratio of 20.85 and a beta of 0.62.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone National Bank & Trust Co acquired a new stake in shares of Vanguard Health Care ETF in the 4th quarter valued at about $608,000. Cyndeo Wealth Partners LLC acquired a new position in Vanguard Health Care ETF during the 4th quarter worth approximately $1,125,000. Trust Co. of Oklahoma raised its stake in Vanguard Health Care ETF by 7.7% during the 4th quarter. Trust Co. of Oklahoma now owns 32,618 shares of the company’s stock worth $9,389,000 after buying an additional 2,331 shares during the period. Royal Fund Management LLC boosted its holdings in Vanguard Health Care ETF by 32.8% in the fourth quarter. Royal Fund Management LLC now owns 31,186 shares of the company’s stock worth $8,994,000 after acquiring an additional 7,705 shares in the last quarter. Finally, Capital Advantage Inc. grew its stake in Vanguard Health Care ETF by 2.4% in the fourth quarter. Capital Advantage Inc. now owns 87,982 shares of the company’s stock valued at $25,325,000 after acquiring an additional 2,047 shares during the period.

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).