Vanguard Health Care ETF (NYSEARCA:VHT) Reaches New 52-Week Low – Here’s What Happened

Vanguard Health Care ETF (NYSEARCA:VHT) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $248.74 and last traded at $248.43, with a volume of 235377 shares changing hands. The stock had previously closed at $259.09.

Vanguard Health Care ETF Stock Performance

The company has a market cap of $21.38 billion, a PE ratio of 28.31 and a beta of 0.74. The stock’s 50-day simple moving average is $267.59 and its 200 day simple moving average is $268.31.

Vanguard Health Care ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.9396 dividend. The ex-dividend date was Tuesday, March 25th.

Hedge Funds Weigh In On Vanguard Health Care ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brooklyn Investment Group acquired a new position in Vanguard Health Care ETF during the fourth quarter worth $25,000. Wingate Wealth Advisors Inc. acquired a new stake in shares of Vanguard Health Care ETF in the fourth quarter valued at approximately $26,000. Rialto Wealth Management LLC purchased a new position in shares of Vanguard Health Care ETF during the 4th quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Vanguard Health Care ETF by 194.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 106 shares of the company’s stock worth $27,000 after purchasing an additional 70 shares during the last quarter. Finally, GoalVest Advisory LLC purchased a new stake in Vanguard Health Care ETF in the 4th quarter valued at approximately $32,000.

Vanguard Health Care ETF Company Profile

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.