Kovack Advisors Inc. Lowers Stock Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Kovack Advisors Inc. reduced its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 5.0% during the third quarter, HoldingsChannel reports. The fund owned 2,237 shares of the company’s stock after selling 117 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Health Care ETF were worth $631,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VHT. Proffitt & Goodson Inc. bought a new stake in Vanguard Health Care ETF in the 3rd quarter worth approximately $27,000. Centennial Bank AR bought a new stake in Vanguard Health Care ETF during the second quarter valued at about $33,000. Rosenberg Matthew Hamilton bought a new stake in Vanguard Health Care ETF during the 2nd quarter valued at approximately $41,000. Tsfg LLC raised its position in shares of Vanguard Health Care ETF by 80.2% during the third quarter. Tsfg LLC now owns 146 shares of the company’s stock valued at $41,000 after buying an additional 65 shares during the last quarter. Finally, Pathway Financial Advisers LLC purchased a new stake in Vanguard Health Care ETF in the 1st quarter worth $78,000.

Vanguard Health Care ETF Trading Down 1.7 %

Shares of Vanguard Health Care ETF stock opened at $266.58 on Friday. The firm has a market cap of $17.90 billion, a PE ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a 12 month low of $232.21 and a 12 month high of $289.14. The stock has a 50 day moving average of $279.06 and a 200 day moving average of $273.11.

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.