Financial Advocates Investment Management Trims Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Financial Advocates Investment Management trimmed its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 6.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,224 shares of the company’s stock after selling 300 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Health Care ETF were worth $1,123,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VHT. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Vanguard Health Care ETF in the 1st quarter valued at $27,000. Sunbelt Securities Inc. acquired a new position in shares of Vanguard Health Care ETF in the first quarter worth about $28,000. Scarborough Advisors LLC purchased a new stake in shares of Vanguard Health Care ETF during the 4th quarter worth about $29,000. Maryland Capital Advisors Inc. acquired a new stake in shares of Vanguard Health Care ETF during the 1st quarter valued at about $31,000. Finally, Rosenberg Matthew Hamilton purchased a new position in shares of Vanguard Health Care ETF in the 2nd quarter valued at about $41,000.

Vanguard Health Care ETF Trading Up 0.3 %

Shares of VHT stock opened at $286.33 on Friday. The company has a market capitalization of $19.22 billion, a P/E ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a 12-month low of $222.27 and a 12-month high of $287.79. The business’s 50 day moving average is $273.52 and its two-hundred day moving average is $267.16.

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.