MAI Capital Management Grows Stake in Vanguard Health Care ETF (NYSEARCA:VHT)

MAI Capital Management boosted its position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 6.7% in the third quarter, Holdings Channel reports. The fund owned 126,149 shares of the company’s stock after purchasing an additional 7,869 shares during the quarter. MAI Capital Management’s holdings in Vanguard Health Care ETF were worth $35,599,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of VHT. Proffitt & Goodson Inc. purchased a new stake in shares of Vanguard Health Care ETF during the 3rd quarter valued at about $27,000. Centennial Bank AR purchased a new stake in shares of Vanguard Health Care ETF in the 2nd quarter worth $33,000. Rosenberg Matthew Hamilton purchased a new stake in shares of Vanguard Health Care ETF in the 2nd quarter worth $41,000. Tsfg LLC raised its holdings in Vanguard Health Care ETF by 80.2% in the 3rd quarter. Tsfg LLC now owns 146 shares of the company’s stock worth $41,000 after purchasing an additional 65 shares during the period. Finally, Pathway Financial Advisers LLC purchased a new position in Vanguard Health Care ETF during the first quarter valued at $78,000.

Vanguard Health Care ETF Stock Down 2.2 %

Shares of VHT opened at $260.77 on Monday. The business has a 50-day simple moving average of $278.32 and a two-hundred day simple moving average of $273.21. Vanguard Health Care ETF has a 52 week low of $232.21 and a 52 week high of $289.14. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61.

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.