Marotta Asset Management Sells 9,536 Shares of Vanguard Health Care ETF $VHT

Marotta Asset Management lowered its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 18.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,065 shares of the company’s stock after selling 9,536 shares during the period. Vanguard Health Care ETF comprises 2.2% of Marotta Asset Management’s investment portfolio, making the stock its 15th biggest position. Marotta Asset Management owned about 0.07% of Vanguard Health Care ETF worth $12,980,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of VHT. Bank of America Corp DE lifted its stake in Vanguard Health Care ETF by 6.4% in the 1st quarter. Bank of America Corp DE now owns 1,712,696 shares of the company’s stock valued at $466,419,000 after buying an additional 103,206 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $251,293,000. LPL Financial LLC lifted its position in shares of Vanguard Health Care ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 806,286 shares of the company’s stock valued at $232,089,000 after acquiring an additional 51,515 shares in the last quarter. Allied Investment Advisors LLC lifted its position in shares of Vanguard Health Care ETF by 5.4% in the second quarter. Allied Investment Advisors LLC now owns 180,940 shares of the company’s stock valued at $54,103,000 after acquiring an additional 9,234 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Vanguard Health Care ETF by 1.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 138,608 shares of the company’s stock worth $41,445,000 after acquiring an additional 2,025 shares during the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of VHT traded up $0.18 during trading hours on Friday, hitting $311.90. 151,513 shares of the stock were exchanged, compared to its average volume of 225,978. The stock’s 50-day moving average price is $316.60 and its two-hundred day moving average price is $294.18. Vanguard Health Care ETF has a 12-month low of $263.00 and a 12-month high of $330.75. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 20.85 and a beta of 0.59.

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).