FineMark National Bank & Trust Makes New Investment in Vanguard Health Care ETF (NYSEARCA:VHT)

FineMark National Bank & Trust purchased a new position in Vanguard Health Care ETF (NYSEARCA:VHT) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,003 shares of the company’s stock, valued at approximately $267,000.

Several other institutional investors and hedge funds have also made changes to their positions in VHT. Beacon Capital Management Inc. raised its stake in Vanguard Health Care ETF by 2,504.3% in the 1st quarter. Beacon Capital Management Inc. now owns 605,763 shares of the company’s stock worth $162,454,000 after acquiring an additional 582,503 shares during the last quarter. Morningstar Investment Management LLC raised its stake in shares of Vanguard Health Care ETF by 0.6% in the fourth quarter. Morningstar Investment Management LLC now owns 342,511 shares of the company’s stock worth $85,868,000 after purchasing an additional 2,190 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Vanguard Health Care ETF by 790.2% during the first quarter. Cetera Investment Advisers now owns 309,569 shares of the company’s stock worth $83,745,000 after purchasing an additional 274,793 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Health Care ETF by 6.3% during the fourth quarter. The Manufacturers Life Insurance Company now owns 307,806 shares of the company’s stock worth $77,167,000 after purchasing an additional 18,371 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Vanguard Health Care ETF by 0.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 303,444 shares of the company’s stock valued at $80,716,000 after buying an additional 1,085 shares during the last quarter.

Vanguard Health Care ETF Trading Down 0.5 %

Shares of NYSEARCA:VHT opened at $281.39 on Friday. Vanguard Health Care ETF has a twelve month low of $222.27 and a twelve month high of $289.14. The company’s 50 day moving average is $275.35 and its 200 day moving average is $267.93. The company has a market cap of $18.89 billion, a PE ratio of 23.22 and a beta of 0.61.

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.