The Manufacturers Life Insurance Company Cuts Stake in Vanguard Health Care ETF (NYSEARCA:VHT)

The Manufacturers Life Insurance Company reduced its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 12.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 263,992 shares of the company’s stock after selling 37,732 shares during the period. The Manufacturers Life Insurance Company owned about 0.39% of Vanguard Health Care ETF worth $74,499,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Coppell Advisory Solutions Corp. bought a new stake in shares of Vanguard Health Care ETF in the 1st quarter valued at about $218,000. Comerica Bank boosted its stake in shares of Vanguard Health Care ETF by 12.2% during the first quarter. Comerica Bank now owns 38,565 shares of the company’s stock valued at $10,433,000 after purchasing an additional 4,183 shares during the period. Atria Investments Inc grew its holdings in shares of Vanguard Health Care ETF by 272.9% in the first quarter. Atria Investments Inc now owns 17,206 shares of the company’s stock worth $4,654,000 after purchasing an additional 12,592 shares during the last quarter. Invst LLC grew its holdings in shares of Vanguard Health Care ETF by 1.1% in the first quarter. Invst LLC now owns 31,218 shares of the company’s stock worth $8,372,000 after purchasing an additional 339 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Vanguard Health Care ETF by 790.2% in the first quarter. Cetera Investment Advisers now owns 309,569 shares of the company’s stock worth $83,745,000 after buying an additional 274,793 shares during the period.

Vanguard Health Care ETF Stock Up 0.5 %

Shares of VHT opened at $271.38 on Thursday. The firm has a fifty day simple moving average of $275.21 and a two-hundred day simple moving average of $273.55. Vanguard Health Care ETF has a twelve month low of $235.39 and a twelve month high of $289.14. The stock has a market capitalization of $18.22 billion, a P/E 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.