Vanguard Health Care ETF $VHT Shares Sold by Cornerstone Advisory LLC

Cornerstone Advisory LLC trimmed its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 13.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,303 shares of the company’s stock after selling 3,517 shares during the period. Cornerstone Advisory LLC’s holdings in Vanguard Health Care ETF were worth $5,790,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE increased its stake in Vanguard Health Care ETF by 30.5% during the 2nd quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock valued at $476,586,000 after buying an additional 448,964 shares during the period. PGIM Custom Harvest LLC increased its stake in shares of Vanguard Health Care ETF by 30.9% during the second quarter. PGIM Custom Harvest LLC now owns 1,346,108 shares of the company’s stock valued at $334,293,000 after acquiring an additional 317,681 shares during the period. Beacon Capital Management Inc. increased its stake in shares of Vanguard Health Care ETF by 1,661.0% during the second quarter. Beacon Capital Management Inc. now owns 360,307 shares of the company’s stock valued at $89,479,000 after acquiring an additional 339,847 shares during the period. JPMorgan Chase & Co. raised its holdings in Vanguard Health Care ETF by 2.3% during the second quarter. JPMorgan Chase & Co. now owns 250,874 shares of the company’s stock worth $62,302,000 after purchasing an additional 5,707 shares in the last quarter. Finally, Allied Investment Advisors LLC lifted its position in Vanguard Health Care ETF by 5.6% in the third quarter. Allied Investment Advisors LLC now owns 163,525 shares of the company’s stock worth $42,451,000 after purchasing an additional 8,610 shares during the period.

Vanguard Health Care ETF Stock Performance

Shares of NYSEARCA VHT opened at $290.39 on Tuesday. Vanguard Health Care ETF has a 1 year low of $234.11 and a 1 year high of $298.61. The firm has a market cap of $17.47 billion, a P/E ratio of 20.85 and a beta of 0.67. The stock has a fifty day moving average price of $289.55 and a two-hundred day moving average price of $273.98.

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. 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).