Summit Global Investments Makes New $5.39 Million Investment in Vanguard Health Care ETF (NYSEARCA:VHT)

Summit Global Investments acquired a new position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,494 shares of the company’s stock, valued at approximately $5,389,000.

Several other hedge funds have also recently bought and sold shares of VHT. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Vanguard Health Care ETF by 12.1% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 1,087 shares of the company’s stock worth $256,000 after purchasing an additional 117 shares during the last quarter. Pinnacle Associates Ltd. raised its position in shares of Vanguard Health Care ETF by 17.3% during the third quarter. Pinnacle Associates Ltd. now owns 3,667 shares of the company’s stock worth $862,000 after purchasing an additional 540 shares during the period. Raymond James & Associates raised its position in Vanguard Health Care ETF by 5.3% in the 3rd quarter. Raymond James & Associates now owns 161,744 shares of the company’s stock valued at $38,026,000 after buying an additional 8,113 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Vanguard Health Care ETF by 9.8% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 297,073 shares of the company’s stock valued at $69,842,000 after buying an additional 26,534 shares during the last quarter. Finally, Capital Advisors Inc. OK grew its stake in Vanguard Health Care ETF by 5.2% in the third quarter. Capital Advisors Inc. OK now owns 3,845 shares of the company’s stock valued at $904,000 after purchasing an additional 191 shares in the last quarter.

Vanguard Health Care ETF Price Performance

VHT stock traded down $0.40 during mid-day trading on Thursday, reaching $256.88. The company had a trading volume of 94,981 shares, compared to its average volume of 189,408. The stock has a 50 day simple moving average of $263.38 and a two-hundred day simple moving average of $252.15. The company has a market capitalization of $17.25 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a 52 week low of $222.27 and a 52 week high of $271.53.

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.