Cornerstone Wealth Management LLC Acquires 553 Shares of Vanguard Health Care ETF (NYSEARCA:VHT)

Cornerstone Wealth Management LLC lifted its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 7.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,326 shares of the company’s stock after buying an additional 553 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $2,350,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Vanguard Health Care ETF in the first quarter worth $27,000. Sunbelt Securities Inc. acquired a new position in Vanguard Health Care ETF during the 1st quarter worth approximately $28,000. Scarborough Advisors LLC bought a new position in Vanguard Health Care ETF in the fourth quarter worth approximately $29,000. Maryland Capital Advisors Inc. acquired a new stake in Vanguard Health Care ETF in the first quarter valued at approximately $31,000. Finally, Centennial Bank AR bought a new stake in shares of Vanguard Health Care ETF during the second quarter valued at approximately $33,000.

Vanguard Health Care ETF Stock Up 0.4 %

Shares of NYSEARCA:VHT opened at $281.56 on Thursday. Vanguard Health Care ETF has a twelve month low of $222.27 and a twelve month high of $289.14. The stock’s 50 day moving average is $282.20 and its 200-day moving average is $270.84. The firm has a market capitalization of $18.90 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61.

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.