Vanguard Health Care ETF (NYSEARCA:VHT) Hits New 52-Week High – What’s Next?

Vanguard Health Care ETF (NYSEARCA:VHT)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $304.06 and last traded at $304.06, with a volume of 51616 shares trading hands. The stock had previously closed at $300.84.

Vanguard Health Care ETF Trading Up 1.5%

The stock has a 50 day moving average price of $279.47 and a two-hundred day moving average price of $282.93. The company has a market cap of $18.09 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60.

Hedge Funds Weigh In On Vanguard Health Care ETF

Several hedge funds have recently added to or reduced their stakes in the stock. KERR FINANCIAL PLANNING Corp bought a new position in Vanguard Health Care ETF during the third quarter worth about $26,000. Newbridge Financial Services Group Inc. raised its position in shares of Vanguard Health Care ETF by 162.5% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 105 shares of the company’s stock valued at $30,000 after acquiring an additional 65 shares during the period. Proathlete Wealth Management LLC raised its position in shares of Vanguard Health Care ETF by 2,625.0% in the 4th quarter. Proathlete Wealth Management LLC now owns 109 shares of the company’s stock valued at $31,000 after acquiring an additional 105 shares during the period. AG Campbell Advisory LLC bought a new position in Vanguard Health Care ETF during the 4th quarter worth approximately $36,000. Finally, Root Financial Partners LLC acquired a new position in Vanguard Health Care ETF during the fourth quarter valued at approximately $37,000.

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).