Elevation Point Wealth Partners LLC Takes $876,000 Position in Vanguard Health Care ETF $VHT

Elevation Point Wealth Partners LLC bought a new position in shares of Vanguard Health Care ETF (NYSEARCA:VHT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,217 shares of the company’s stock, valued at approximately $876,000.

Several other hedge funds have also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Vanguard Health Care ETF during the fourth quarter valued at approximately $251,293,000. Bank of America Corp DE lifted its stake in shares of Vanguard Health Care ETF by 30.5% in the second quarter. Bank of America Corp DE now owns 1,919,086 shares of the company’s stock worth $476,586,000 after buying an additional 448,964 shares in the last quarter. Morgan Stanley lifted its stake in shares of Vanguard Health Care ETF by 9.5% in the fourth quarter. Morgan Stanley now owns 1,615,053 shares of the company’s stock worth $464,893,000 after buying an additional 140,350 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in Vanguard Health Care ETF by 2,388.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 118,641 shares of the company’s stock worth $34,151,000 after acquiring an additional 113,873 shares during the last quarter. Finally, Lido Advisors LLC purchased a new stake in Vanguard Health Care ETF during the 3rd quarter valued at about $28,576,000.

Vanguard Health Care ETF Trading Down 0.8%

VHT stock opened at $305.80 on Tuesday. The company has a market cap of $18.11 billion, a price-to-earnings ratio of 20.85 and a beta of 0.60. Vanguard Health Care ETF has a 12 month low of $237.23 and a 12 month high of $308.50. The firm has a 50-day moving average of $281.51 and a two-hundred day moving average of $283.33.

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).