Beacon Capital Management Inc. Buys 339,847 Shares of Vanguard Health Care ETF $VHT

Beacon Capital Management Inc. grew its stake in Vanguard Health Care ETF (NYSEARCA:VHT) by 1,661.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 360,307 shares of the company’s stock after purchasing an additional 339,847 shares during the quarter. Vanguard Health Care ETF comprises 4.6% of Beacon Capital Management Inc.’s holdings, making the stock its 13th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Health Care ETF were worth $89,479,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Vanguard Health Care ETF in the 2nd quarter worth about $28,000. Evolution Wealth Management Inc. bought a new stake in Vanguard Health Care ETF during the 2nd quarter valued at about $33,000. Hilltop National Bank bought a new stake in Vanguard Health Care ETF during the 2nd quarter valued at about $38,000. Trust Co. of Toledo NA OH purchased a new position in Vanguard Health Care ETF in the second quarter worth about $43,000. Finally, Compass Financial Services Inc lifted its stake in shares of Vanguard Health Care ETF by 38.4% in the first quarter. Compass Financial Services Inc now owns 191 shares of the company’s stock worth $51,000 after buying an additional 53 shares in the last quarter.

Vanguard Health Care ETF Stock Up 0.2%

Shares of VHT opened at $287.90 on Monday. The company has a market capitalization of $16.97 billion, a P/E ratio of 20.85 and a beta of 0.67. The firm has a 50 day moving average of $278.20 and a 200 day moving average of $260.23. Vanguard Health Care ETF has a twelve month low of $234.11 and a twelve month high of $296.51.

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.