Christensen King & Associates Investment Services Inc. Lowers Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Christensen King & Associates Investment Services Inc. cut its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,033 shares of the company’s stock after selling 128 shares during the period. Christensen King & Associates Investment Services Inc.’s holdings in Vanguard Health Care ETF were worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VHT. First Financial Corp IN raised its holdings in Vanguard Health Care ETF by 3.6% during the fourth quarter. First Financial Corp IN now owns 12,435 shares of the company’s stock worth $3,155,000 after purchasing an additional 436 shares in the last quarter. Tsfg LLC raised its holdings in shares of Vanguard Health Care ETF by 523.3% in the fourth quarter. Tsfg LLC now owns 910 shares of the company’s stock valued at $231,000 after buying an additional 764 shares during the last quarter. Miracle Mile Advisors LLC purchased a new position in shares of Vanguard Health Care ETF during the fourth quarter worth about $1,836,000. Eastern Bank raised its stake in Vanguard Health Care ETF by 7.5% during the 4th quarter. Eastern Bank now owns 627 shares of the company’s stock valued at $159,000 after acquiring an additional 44 shares during the last quarter. Finally, Wedmont Private Capital lifted its position in Vanguard Health Care ETF by 12.6% during the 4th quarter. Wedmont Private Capital now owns 1,835 shares of the company’s stock worth $472,000 after acquiring an additional 205 shares during the period.

Vanguard Health Care ETF Trading Up 1.2 %

NYSEARCA:VHT opened at $260.65 on Tuesday. The stock’s 50 day simple moving average is $263.24 and its 200-day simple moving average is $272.40. Vanguard Health Care ETF has a 12-month low of $250.07 and a 12-month high of $289.14. The firm has a market cap of $17.50 billion, a P/E ratio of 23.22 and a beta of 0.61.

Vanguard Health Care ETF 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.