Brookmont Capital Management Purchases New Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Brookmont Capital Management acquired a new stake in Vanguard Health Care ETF (NYSEARCA:VHT) in the first quarter, HoldingsChannel.com reports. The fund acquired 747 shares of the company’s stock, valued at approximately $202,000.

A number of other hedge funds also recently made changes to their positions in the business. Beacon Capital Management Inc. increased its stake in shares of Vanguard Health Care ETF by 2,504.3% during the first quarter. Beacon Capital Management Inc. now owns 605,763 shares of the company’s stock worth $162,454,000 after purchasing an additional 582,503 shares during the period. International Assets Investment Management LLC bought a new position in shares of Vanguard Health Care ETF during the fourth quarter worth approximately $76,199,000. Royal Bank of Canada raised its holdings in Vanguard Health Care ETF by 55.5% in the 3rd quarter. Royal Bank of Canada now owns 785,047 shares of the company’s stock valued at $184,564,000 after acquiring an additional 280,071 shares in the last quarter. Cerity Partners LLC raised its holdings in Vanguard Health Care ETF by 2,864.3% in the 4th quarter. Cerity Partners LLC now owns 116,112 shares of the company’s stock valued at $29,109,000 after acquiring an additional 112,195 shares in the last quarter. Finally, Executive Wealth Group LLC raised its holdings in Vanguard Health Care ETF by 199.2% in the 1st quarter. Executive Wealth Group LLC now owns 143,595 shares of the company’s stock valued at $37,934,000 after acquiring an additional 95,603 shares in the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of Vanguard Health Care ETF stock traded down $1.08 during trading on Friday, reaching $266.35. 99,185 shares of the company’s stock were exchanged, compared to its average volume of 173,614. The company has a market cap of $17.88 billion, a P/E ratio of 23.22 and a beta of 0.61. Vanguard Health Care ETF has a 1-year low of $222.27 and a 1-year high of $271.53. The firm’s 50-day moving average price is $263.27 and its 200 day moving average price is $261.01.

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.