Raymond James Financial Inc. Takes $122.20 Million Position in Vanguard Health Care ETF (NYSEARCA:VHT)

Raymond James Financial Inc. acquired a new stake in shares of Vanguard Health Care ETF (NYSEARCA:VHT) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 481,694 shares of the company’s stock, valued at approximately $122,201,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VHT. Strategic Financial Concepts LLC raised its position in shares of Vanguard Health Care ETF by 25,304.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 248,966 shares of the company’s stock valued at $63,160,000 after buying an additional 247,986 shares during the last quarter. Atlas Legacy Advisors LLC bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $9,619,000. Trust Co. of Vermont bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $8,755,000. Invst LLC raised its position in shares of Vanguard Health Care ETF by 3,136.7% during the third quarter. Invst LLC now owns 29,130 shares of the company’s stock valued at $8,220,000 after buying an additional 28,230 shares during the last quarter. Finally, Founders Grove Wealth Partners LLC bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $5,801,000.

Vanguard Health Care ETF Price Performance

Vanguard Health Care ETF stock opened at $271.55 on Friday. The firm’s 50 day moving average price is $265.59 and its 200-day moving average price is $271.31. Vanguard Health Care ETF has a 1 year low of $250.07 and a 1 year high of $289.14. The stock has a market cap of $23.70 billion, a P/E ratio of 30.51 and a beta of 0.72.

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.