Avantax Advisory Services Inc. Cuts Stake in Vanguard Health Care ETF $VHT

Avantax Advisory Services Inc. decreased its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,997 shares of the company’s stock after selling 379 shares during the period. Avantax Advisory Services Inc. owned about 0.12% of Vanguard Health Care ETF worth $17,631,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. PGIM Custom Harvest LLC boosted its holdings in Vanguard Health Care ETF by 2.4% in the 1st quarter. PGIM Custom Harvest LLC now owns 1,028,427 shares of the company’s stock valued at $272,256,000 after purchasing an additional 24,291 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Health Care ETF by 2.1% in the 1st quarter. LPL Financial LLC now owns 758,905 shares of the company’s stock valued at $200,905,000 after buying an additional 15,276 shares during the period. Royal Bank of Canada boosted its stake in shares of Vanguard Health Care ETF by 33.3% in the first quarter. Royal Bank of Canada now owns 617,304 shares of the company’s stock valued at $163,418,000 after buying an additional 154,284 shares in the last quarter. Morningstar Investment Management LLC grew its holdings in Vanguard Health Care ETF by 39.8% during the second quarter. Morningstar Investment Management LLC now owns 405,130 shares of the company’s stock worth $100,610,000 after acquiring an additional 115,252 shares during the period. Finally, Kingstone Capital Partners Texas LLC purchased a new position in Vanguard Health Care ETF in the second quarter worth $80,903,000.

Vanguard Health Care ETF Stock Performance

Vanguard Health Care ETF stock opened at $282.54 on Monday. The company has a market cap of $16.66 billion, a P/E ratio of 20.85 and a beta of 0.67. Vanguard Health Care ETF has a one year low of $234.11 and a one year high of $287.05. The business has a fifty day moving average of $266.02 and a two-hundred day moving average of $254.06.

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.