Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 12-Month High – Time to Buy?

Vanguard Health Care ETF (NYSEARCA:VHT)’s share price reached a new 52-week high on Wednesday . The company traded as high as $311.67 and last traded at $310.29, with a volume of 248679 shares changing hands. The stock had previously closed at $305.80.

Vanguard Health Care ETF Price Performance

The stock has a market capitalization of $18.37 billion, a P/E ratio of 20.85 and a beta of 0.60. The stock has a fifty day moving average price of $282.32 and a 200 day moving average price of $283.50.

Institutional Investors Weigh In On Vanguard Health Care ETF

A number of institutional investors and hedge funds have recently modified their holdings of VHT. Trilogy Capital Inc. lifted its stake in Vanguard Health Care ETF by 3.6% in the 2nd quarter. Trilogy Capital Inc. now owns 973 shares of the company’s stock worth $291,000 after purchasing an additional 34 shares in the last quarter. Conservest Capital Advisors Inc. raised its position in shares of Vanguard Health Care ETF by 1.3% in the fourth quarter. Conservest Capital Advisors Inc. now owns 2,870 shares of the company’s stock worth $826,000 after buying an additional 36 shares in the last quarter. Nwam LLC boosted its stake in Vanguard Health Care ETF by 2.8% during the first quarter. Nwam LLC now owns 1,415 shares of the company’s stock valued at $385,000 after buying an additional 39 shares during the period. Narus Financial Partners LLC grew its position in Vanguard Health Care ETF by 3.1% during the first quarter. Narus Financial Partners LLC now owns 1,344 shares of the company’s stock worth $366,000 after buying an additional 40 shares in the last quarter. Finally, Richmond Investment Services LLC increased its stake in Vanguard Health Care ETF by 4.4% in the 1st quarter. Richmond Investment Services LLC now owns 957 shares of the company’s stock worth $261,000 after acquiring an additional 40 shares during the last quarter.

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).