Envestnet Portfolio Solutions Inc. Reduces Holdings in Vanguard Health Care ETF $VHT

Envestnet Portfolio Solutions Inc. cut its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 66.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,102 shares of the company’s stock after selling 6,018 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Health Care ETF were worth $805,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Endeavor Private Wealth Inc. purchased a new stake in shares of Vanguard Health Care ETF in the third quarter valued at about $1,095,000. AlphaCore Capital LLC increased its position in Vanguard Health Care ETF by 2,943.1% in the 2nd quarter. AlphaCore Capital LLC now owns 26,505 shares of the company’s stock valued at $6,582,000 after acquiring an additional 25,634 shares during the period. HB Wealth Management LLC raised its stake in Vanguard Health Care ETF by 103.4% during the 3rd quarter. HB Wealth Management LLC now owns 15,574 shares of the company’s stock valued at $4,043,000 after acquiring an additional 7,917 shares during the last quarter. RFG Advisory LLC lifted its position in Vanguard Health Care ETF by 14.6% during the 2nd quarter. RFG Advisory LLC now owns 1,132 shares of the company’s stock worth $281,000 after acquiring an additional 144 shares during the period. Finally, American Trust acquired a new position in shares of Vanguard Health Care ETF in the second quarter valued at approximately $575,000.

Vanguard Health Care ETF Price Performance

Shares of NYSEARCA VHT opened at $286.08 on Friday. The stock has a fifty day moving average price of $290.06 and a 200 day moving average price of $270.14. Vanguard Health Care ETF has a 1-year low of $234.11 and a 1-year high of $298.61. The company has a market cap of $17.21 billion, a PE ratio of 20.85 and a beta of 0.67.

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).