Gray Wealth Management Inc. Trims Stock Holdings in Vanguard Health Care ETF (NYSEARCA:VHT)

Gray Wealth Management Inc. lessened its holdings in shares of Vanguard Health Care ETF (NYSEARCA:VHT) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,549 shares of the company’s stock after selling 277 shares during the quarter. Vanguard Health Care ETF comprises 2.2% of Gray Wealth Management Inc.’s investment portfolio, making the stock its 11th largest position. Gray Wealth Management Inc.’s holdings in Vanguard Health Care ETF were worth $5,720,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VHT. Wealthfront Advisers LLC grew its position in Vanguard Health Care ETF by 5,147.9% in the fourth quarter. Wealthfront Advisers LLC now owns 542,000 shares of the company’s stock worth $137,500,000 after acquiring an additional 531,672 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Health Care ETF during the fourth quarter worth about $122,201,000. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Health Care ETF by 25,304.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 248,966 shares of the company’s stock worth $63,160,000 after purchasing an additional 247,986 shares in the last quarter. Essential Planning LLC. increased its position in shares of Vanguard Health Care ETF by 5,832.7% during the 4th quarter. Essential Planning LLC. now owns 140,248 shares of the company’s stock valued at $37,819,000 after purchasing an additional 137,884 shares during the last quarter. Finally, Atlas Legacy Advisors LLC purchased a new position in shares of Vanguard Health Care ETF during the 4th quarter valued at about $9,619,000.

Vanguard Health Care ETF Price Performance

NYSEARCA:VHT opened at $264.06 on Monday. The company has a market capitalization of $23.04 billion, a price-to-earnings ratio of 29.75 and a beta of 0.71. Vanguard Health Care ETF has a 1-year low of $250.07 and a 1-year high of $289.14. The business has a 50 day moving average of $266.63 and a 200 day moving average of $270.51.

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.