Vanguard Health Care ETF (NYSEARCA:VHT) Position Increased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its holdings in Vanguard Health Care ETF (NYSEARCA:VHT) by 18.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,854 shares of the company’s stock after buying an additional 1,091 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $1,854,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Vanguard Health Care ETF during the 1st quarter valued at $27,000. Sunbelt Securities Inc. bought a new stake in shares of Vanguard Health Care ETF in the 1st quarter valued at approximately $28,000. Scarborough Advisors LLC acquired a new position in Vanguard Health Care ETF in the fourth quarter worth approximately $29,000. Maryland Capital Advisors Inc. bought a new position in Vanguard Health Care ETF during the first quarter valued at approximately $31,000. Finally, Tradewinds Capital Management LLC raised its position in Vanguard Health Care ETF by 114.7% during the fourth quarter. Tradewinds Capital Management LLC now owns 161 shares of the company’s stock valued at $40,000 after acquiring an additional 86 shares in the last quarter.

Vanguard Health Care ETF Stock Down 0.7 %

Shares of VHT opened at $261.88 on Friday. The firm has a market cap of $17.58 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. The company’s fifty day moving average is $263.82 and its 200-day moving average is $261.47. Vanguard Health Care ETF has a 12 month low of $222.27 and a 12 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.