Modern Wealth Management LLC Has $642,000 Stock Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Modern Wealth Management LLC reduced its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 59.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,387 shares of the company’s stock after selling 3,446 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Health Care ETF were worth $642,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VHT. Brooklyn Investment Group acquired a new position in Vanguard Health Care ETF in the 4th quarter valued at about $25,000. Wingate Wealth Advisors Inc. bought a new stake in shares of Vanguard Health Care ETF during the fourth quarter worth approximately $26,000. Rialto Wealth Management LLC acquired a new position in shares of Vanguard Health Care ETF in the fourth quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in 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 bought a new stake in Vanguard Health Care ETF in the 4th quarter valued at $32,000.

Vanguard Health Care ETF Price Performance

VHT stock opened at $263.67 on Thursday. The business’s fifty day moving average price is $267.95 and its two-hundred day moving average price is $269.55. The stock has a market capitalization of $23.01 billion, a price-to-earnings ratio of 29.75 and a beta of 0.71. Vanguard Health Care ETF has a fifty-two week low of $250.07 and a fifty-two week high of $289.14.

Vanguard Health Care ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a dividend of $0.9396 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

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.