Modern Wealth Management LLC Has $642,000 Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Modern Wealth Management LLC decreased its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 59.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,387 shares of the company’s stock after selling 3,446 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $642,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VHT. Brooklyn Investment Group bought a new position in shares of Vanguard Health Care ETF in the 4th quarter valued at about $25,000. Wingate Wealth Advisors Inc. bought a new position in Vanguard Health Care ETF in the fourth quarter valued at approximately $26,000. Rialto Wealth Management LLC acquired a new position in shares of Vanguard Health Care ETF during the 4th quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Vanguard Health Care ETF by 194.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 106 shares of the company’s stock worth $27,000 after purchasing an additional 70 shares in the last quarter. Finally, GoalVest Advisory LLC acquired a new stake in shares of Vanguard Health Care ETF in the 4th quarter valued at approximately $32,000.

Vanguard Health Care ETF Trading Down 0.5 %

NYSEARCA:VHT opened at $263.67 on Thursday. The firm has a fifty day simple moving average of $267.95 and a 200 day simple moving average of $269.55. Vanguard Health Care ETF has a 1-year low of $250.07 and a 1-year high of $289.14. The stock has a market capitalization of $23.01 billion, a PE ratio of 29.75 and a beta of 0.71.

Vanguard Health Care ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.9396 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

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.