Bessemer Group Inc. Cuts Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Bessemer Group Inc. cut its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 31.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,353 shares of the company’s stock after selling 622 shares during the period. Bessemer Group Inc.’s holdings in Vanguard Health Care ETF were worth $358,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in Vanguard Health Care ETF by 14.9% during the 4th quarter. Bank of America Corp DE now owns 1,798,164 shares of the company’s stock valued at $456,176,000 after acquiring an additional 232,733 shares during the period. Wells Fargo & Company MN boosted its holdings in Vanguard Health Care ETF by 7.0% during the 4th quarter. Wells Fargo & Company MN now owns 954,123 shares of the company’s stock valued at $242,052,000 after acquiring an additional 62,106 shares during the period. LPL Financial LLC boosted its holdings in Vanguard Health Care ETF by 7.0% during the 4th quarter. LPL Financial LLC now owns 743,629 shares of the company’s stock valued at $188,651,000 after acquiring an additional 48,612 shares during the period. Wealthfront Advisers LLC boosted its holdings in Vanguard Health Care ETF by 5,147.9% during the 4th quarter. Wealthfront Advisers LLC now owns 542,000 shares of the company’s stock valued at $137,500,000 after acquiring an additional 531,672 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Vanguard Health Care ETF during the 4th quarter valued at about $122,201,000.

Vanguard Health Care ETF Price Performance

Shares of VHT stock opened at $249.59 on Thursday. The stock has a market capitalization of $15.48 billion, a PE ratio of 20.85 and a beta of 0.73. Vanguard Health Care ETF has a 1-year low of $234.11 and a 1-year high of $289.14. The business has a 50-day moving average of $246.54 and a 200 day moving average of $256.10.

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.