Sumitomo Mitsui Financial Group Inc. Lowers Position in Vanguard Health Care ETF $VHT

Sumitomo Mitsui Financial Group Inc. decreased its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 28.4% in the first quarter, Holdings Channel.com reports. The firm owned 3,986 shares of the company’s stock after selling 1,579 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Health Care ETF were worth $1,055,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VHT. Bank of America Corp DE increased its stake in shares of Vanguard Health Care ETF by 14.9% during the fourth quarter. Bank of America Corp DE now owns 1,798,164 shares of the company’s stock valued at $456,176,000 after purchasing an additional 232,733 shares in the last quarter. Two Sigma Investments LP increased its stake in shares of Vanguard Health Care ETF by 255.6% during the fourth quarter. Two Sigma Investments LP now owns 117,700 shares of the company’s stock valued at $29,859,000 after purchasing an additional 84,600 shares in the last quarter. Janus Henderson Group PLC bought a new position in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $19,873,000. Focus Partners Wealth increased its stake in shares of Vanguard Health Care ETF by 742.3% during the fourth quarter. Focus Partners Wealth now owns 77,217 shares of the company’s stock valued at $19,681,000 after purchasing an additional 68,050 shares in the last quarter. Finally, Altfest L J & Co. Inc. increased its stake in shares of Vanguard Health Care ETF by 1,646.0% during the first quarter. Altfest L J & Co. Inc. now owns 55,295 shares of the company’s stock valued at $14,638,000 after purchasing an additional 52,128 shares in the last quarter.

Vanguard Health Care ETF Stock Performance

Shares of NYSEARCA VHT opened at $252.03 on Tuesday. The company has a market capitalization of $15.57 billion, a price-to-earnings ratio of 20.85 and a beta of 0.73. The company has a 50 day simple moving average of $247.23 and a two-hundred day simple moving average of $253.10. Vanguard Health Care ETF has a fifty-two week low of $234.11 and a fifty-two week high of $289.14.

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.