Vanguard Health Care ETF (NYSEARCA:VHT) Sets New 52-Week High – Still a Buy?

Vanguard Health Care ETF (NYSEARCA:VHT) shares reached a new 52-week high on Wednesday . The stock traded as high as $298.61 and last traded at $297.3460, with a volume of 33182 shares traded. The stock had previously closed at $293.91.

Vanguard Health Care ETF Price Performance

The company has a market cap of $17.71 billion, a price-to-earnings ratio of 20.85 and a beta of 0.67. The firm has a fifty day simple moving average of $286.01 and a 200 day simple moving average of $265.71.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in Vanguard Health Care ETF during the third quarter valued at about $26,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Vanguard Health Care ETF during the 2nd quarter worth about $28,000. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Health Care ETF during the 2nd quarter worth about $33,000. Heartwood Wealth Advisors LLC bought a new stake in Vanguard Health Care ETF during the 3rd quarter valued at approximately $33,000. Finally, Hilltop National Bank acquired a new stake in Vanguard Health Care ETF in the 2nd quarter valued at approximately $38,000.

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. The first group includes companies that manufacture health care equipment and supplies or provide health care related services (such as distributors of health care products, providers of basic health care services, and owners and operators of health care facilities and organizations).