Vanguard Health Care ETF $VHT Shares Acquired by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. boosted its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 150.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,433 shares of the company’s stock after purchasing an additional 4,470 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Health Care ETF were worth $1,929,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of Vanguard Health Care ETF by 30.5% in the second quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock worth $476,586,000 after buying an additional 448,964 shares during the period. PGIM Custom Harvest LLC raised its holdings in shares of Vanguard Health Care ETF by 30.9% during the 2nd quarter. PGIM Custom Harvest LLC now owns 1,346,108 shares of the company’s stock valued at $334,293,000 after buying an additional 317,681 shares during the period. Royal Bank of Canada lifted its position in Vanguard Health Care ETF by 33.3% during the 1st quarter. Royal Bank of Canada now owns 617,304 shares of the company’s stock worth $163,418,000 after acquiring an additional 154,284 shares in the last quarter. Morningstar Investment Management LLC lifted its position in Vanguard Health Care ETF by 39.8% during the 2nd 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 in the last quarter. Finally, Beacon Capital Management Inc. boosted its holdings in Vanguard Health Care ETF by 1,661.0% in the 2nd quarter. Beacon Capital Management Inc. now owns 360,307 shares of the company’s stock worth $89,479,000 after acquiring an additional 339,847 shares during the period.

Vanguard Health Care ETF Stock Up 0.1%

Shares of NYSEARCA:VHT opened at $290.70 on Monday. The company has a 50 day moving average of $282.53 and a two-hundred day moving average of $263.21. The company has a market capitalization of $17.14 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. Vanguard Health Care ETF has a 52-week low of $234.11 and a 52-week high of $296.51.

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).