Kovack Advisors Inc. Decreases Stock Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Kovack Advisors Inc. cut its stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 5.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,237 shares of the company’s stock after selling 117 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Health Care ETF were worth $631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of VHT. Redhawk Wealth Advisors Inc. grew its stake in shares of Vanguard Health Care ETF by 0.9% in the second quarter. Redhawk Wealth Advisors Inc. now owns 4,011 shares of the company’s stock worth $1,067,000 after purchasing an additional 37 shares during the last quarter. Lpwm LLC lifted its holdings in Vanguard Health Care ETF by 1.4% in the 2nd quarter. Lpwm LLC now owns 2,813 shares of the company’s stock worth $742,000 after buying an additional 38 shares during the period. Better Money Decisions LLC grew its position in shares of Vanguard Health Care ETF by 1.1% in the 3rd quarter. Better Money Decisions LLC now owns 3,815 shares of the company’s stock worth $1,077,000 after buying an additional 40 shares during the last quarter. Clear Point Advisors Inc. increased its stake in shares of Vanguard Health Care ETF by 1.6% during the first quarter. Clear Point Advisors Inc. now owns 2,563 shares of the company’s stock valued at $693,000 after buying an additional 41 shares during the period. Finally, RBA Wealth Management LLC raised its holdings in shares of Vanguard Health Care ETF by 1.2% during the third quarter. RBA Wealth Management LLC now owns 3,684 shares of the company’s stock valued at $1,040,000 after acquiring an additional 42 shares in the last quarter.

Vanguard Health Care ETF Stock Down 1.7 %

Shares of VHT stock opened at $266.58 on Friday. The firm has a market capitalization of $17.90 billion, a price-to-earnings ratio of 23.22 and a beta of 0.61. The stock has a fifty day moving average of $279.06 and a 200 day moving average of $273.11. Vanguard Health Care ETF has a 52 week low of $232.21 and a 52 week high of $289.14.

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.