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

Vanguard Health Care ETF (NYSEARCA:VHT) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $319.97 and last traded at $319.01, with a volume of 30503 shares trading hands. The stock had previously closed at $314.34.

Vanguard Health Care ETF Trading Up 1.4%

The company’s 50-day moving average price is $301.16 and its two-hundred day moving average price is $286.84. The company has a market cap of $18.97 billion, a P/E ratio of 20.85 and a beta of 0.59.

Institutional Trading of Vanguard Health Care ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its position in Vanguard Health Care ETF by 241.7% during the 2nd quarter. Versant Capital Management Inc now owns 82 shares of the company’s stock valued at $25,000 after purchasing an additional 58 shares during the period. Proathlete Wealth Management LLC lifted its stake in Vanguard Health Care ETF by 2,625.0% in the fourth quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock valued at $31,000 after buying an additional 105 shares during the last quarter. AG Campbell Advisory LLC bought a new stake in Vanguard Health Care ETF in the fourth quarter valued at $36,000. Root Financial Partners LLC bought a new stake in Vanguard Health Care ETF in the fourth quarter valued at $37,000. Finally, Bangor Savings Bank acquired a new position in shares of Vanguard Health Care ETF during the second quarter valued at $40,000.

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).