Vanguard Health Care ETF (NYSEARCA:VHT) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard Health Care ETF (NYSEARCA:VHT) saw an uptick in trading volume on Monday . 227,748 shares changed hands during mid-day trading, an increase of 4% from the previous session’s volume of 219,746 shares.The stock last traded at $286.46 and had previously closed at $284.13.

Vanguard Health Care ETF Price Performance

The firm has a market cap of $16.87 billion, a P/E ratio of 20.85 and a beta of 0.62. The business’s 50-day moving average is $274.11 and its two-hundred day moving average is $282.89.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Cornerstone National Bank & Trust Co bought a new position in Vanguard Health Care ETF in the fourth quarter valued at $608,000. Cyndeo Wealth Partners LLC acquired a new stake in Vanguard Health Care ETF in the fourth quarter valued at $1,125,000. Empirical Asset Management LLC acquired a new stake in Vanguard Health Care ETF in the third quarter valued at $5,410,000. Trust Co. of Oklahoma lifted its stake in Vanguard Health Care ETF by 7.7% in the fourth quarter. Trust Co. of Oklahoma now owns 32,618 shares of the company’s stock valued at $9,389,000 after acquiring an additional 2,331 shares during the last quarter. Finally, NewEdge Wealth LLC lifted its stake in Vanguard Health Care ETF by 44.4% in the third quarter. NewEdge Wealth LLC now owns 7,011 shares of the company’s stock valued at $1,908,000 after acquiring an additional 2,156 shares during the last quarter.

Vanguard Health Care ETF Company 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).