Tower View Wealth Management LLC Trims Stake in Vanguard Health Care ETF (NYSEARCA:VHT)

Tower View Wealth Management LLC trimmed its position in Vanguard Health Care ETF (NYSEARCA:VHT) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,628 shares of the company’s stock after selling 129 shares during the quarter. Tower View Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $1,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VHT. Cetera Investment Advisers lifted its stake in Vanguard Health Care ETF by 790.2% in the first quarter. Cetera Investment Advisers now owns 309,569 shares of the company’s stock worth $83,745,000 after acquiring an additional 274,793 shares during the period. Cetera Advisors LLC boosted its stake in shares of Vanguard Health Care ETF by 67.6% during the first quarter. Cetera Advisors LLC now owns 140,593 shares of the company’s stock valued at $38,033,000 after purchasing an additional 56,692 shares in the last quarter. Bordeaux Wealth Advisors LLC bought a new position in shares of Vanguard Health Care ETF during the second quarter valued at approximately $12,664,000. Strategic Financial Concepts LLC bought a new position in Vanguard Health Care ETF in the second quarter worth approximately $11,017,000. Finally, Cetera Advisor Networks LLC lifted its holdings in Vanguard Health Care ETF by 32.6% during the first quarter. Cetera Advisor Networks LLC now owns 151,025 shares of the company’s stock worth $40,855,000 after buying an additional 37,142 shares during the period.

Vanguard Health Care ETF Trading Down 0.5 %

Shares of NYSEARCA VHT opened at $272.64 on Monday. Vanguard Health Care ETF has a 12-month low of $222.27 and a 12-month high of $289.14. The stock’s fifty day simple moving average is $282.27 and its two-hundred day simple moving average is $271.51. The stock has a market capitalization of $18.31 billion, a PE ratio of 23.22 and a beta of 0.61.

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.