Vanguard Health Care ETF (NYSEARCA:VHT) Sees Strong Trading Volume – Still a Buy?

Shares of Vanguard Health Care ETF (NYSEARCA:VHT) saw unusually-strong trading volume on Friday . Approximately 640,261 shares traded hands during mid-day trading, an increase of 279% from the previous session’s volume of 168,949 shares.The stock last traded at $260.87 and had previously closed at $266.57.

Vanguard Health Care ETF Stock Performance

The company’s 50 day simple moving average is $278.32 and its 200 day simple moving average is $273.09. The stock has a market cap of $17.51 billion, a PE ratio of 23.22 and a beta of 0.61.

Institutional Trading of Vanguard Health Care ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Redhawk Wealth Advisors Inc. grew its stake in Vanguard Health Care ETF by 0.9% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 4,011 shares of the company’s stock valued at $1,067,000 after purchasing an additional 37 shares during the period. Lpwm LLC boosted its holdings in shares of Vanguard Health Care ETF by 1.4% in the 2nd quarter. Lpwm LLC now owns 2,813 shares of the company’s stock worth $742,000 after buying an additional 38 shares during the last quarter. Better Money Decisions LLC grew its position in Vanguard Health Care ETF by 1.1% during the third quarter. Better Money Decisions LLC now owns 3,815 shares of the company’s stock valued at $1,077,000 after buying an additional 40 shares during the period. Clear Point Advisors Inc. increased its holdings in Vanguard Health Care ETF by 1.6% during the first quarter. Clear Point Advisors Inc. now owns 2,563 shares of the company’s stock worth $693,000 after buying an additional 41 shares during the last quarter. Finally, RBA Wealth Management LLC raised its position in Vanguard Health Care ETF by 1.2% in the third quarter. RBA Wealth Management LLC now owns 3,684 shares of the company’s stock worth $1,040,000 after acquiring an additional 42 shares during the period.

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.