Cascade Wealth Advisors Inc Makes New Investment in Vanguard Health Care ETF (NYSEARCA:VHT)

Cascade Wealth Advisors Inc bought a new position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 5,002 shares of the company’s stock, valued at approximately $1,274,000. Vanguard Health Care ETF comprises approximately 1.1% of Cascade Wealth Advisors Inc’s investment portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of VHT. Sunbelt Securities Inc. acquired a new position in shares of Vanguard Health Care ETF during the 1st quarter valued at about $28,000. Scarborough Advisors LLC acquired a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at about $29,000. Maryland Capital Advisors Inc. acquired a new position in shares of Vanguard Health Care ETF during the 1st quarter valued at about $31,000. Tradewinds Capital Management LLC boosted its position in shares of Vanguard Health Care ETF by 114.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 161 shares of the company’s stock valued at $40,000 after acquiring an additional 86 shares during the last quarter. Finally, Gables Capital Management Inc. acquired a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at about $61,000.

Vanguard Health Care ETF Trading Down 0.4 %

Shares of VHT stock opened at $267.69 on Thursday. The company’s 50-day moving average price is $262.72 and its 200-day moving average price is $260.80. The stock has a market cap of $17.97 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a twelve month low of $222.27 and a twelve month high of $271.53.

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.